3rd Quarter Stock Market Post
Google up in regular trading due to speculation that it may be added to the S&P 500 index after the PG purchase of Gillette (now with 5 blades) goes though, but instead S&P announced home builder Lennar is to be added. In spite of the two recent hurricanes the third quarter was the best so far this year for the US stock market.
Bill Miller does not think the US deficit matters, but the consolidation of wealth at the cost of the whole leads to social illnesses like political corruption.
Meanwhile, Larry is sitting on a fat billion as Google partners with NASA & the internet conglomerates gear up for the big battle ahead. eBay, Yahoo!, & Amazon are each up a couple points in the last couple days.
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