Yellow Post It Notes

Short on time this evening so a few items of interest.

Massive 7.0 Earthquake hits Haiti
I have a bad feeling this is going to be very ugly.

KB Homes Pulls Tax Credit Profit Move Lennar Style but No Love from the Market
While LEN moved up 15% on their "profit" KBH was trimmed down 4% for theirs. What a difference a week makes.

Alcoa Cannot Deliver
Alcoa (AA) could not beat weak earnings estimates even though I have enough aluminum foil ready for Tin Hat making to help their bottom line.

Argentina Central Bank Funds At Federal Reserve "Embargoed"
Interesting tidbit.

$123,000,000,000,000

In 2040, the Chinese economy will reach $123 trillion, or nearly three times the economic output of the entire globe in 2000.

Sure and the US was supposed to run a surplus for the entire 2000-2010 decade.

Is 16-19 year old unemployment at 37%
Didn't the US always make fun of other countries because of their "restless unemployed" younger generation? Oops!

FED Economist: Housing is a Bad Investment
Now they tell us after getting everyone to buy a subprime mortgage on the back of all time low rates set by the FED that had nothing to do with the housing bubble.

Ignore C-T and hope that this gem and this classic are left well enough alone.

Have a good night.