Had enough drama? I think this week featured more drama and angst than a John Hughes film. Think "The Breaking Trendlines Fast Club." Any ways, it was another crazy day and there is word tonight of a possible S&P downgrade of the US credit rating. Wonderful. I may have more on markets this weekend, but for now I think it best to move on to other stuff for the sake of sanity. Here is a daily chart of the S&P 500 if you want a graphic of a tough run:
Red and going down is bad for the new chart readers.
Added: S&P has downgraded US debt to AA+, outlook negative:
WSJ Coverage
There is so much more to this debacle I cannot cover it tonight. Holy shit.
Chill Pill Friday
No better place to relax than here on EconomicDisconnect's world famous Friday Night Entertainment.
Water on Mars
Lost in the mix this week was the exciting proof that water still exists on Mars. This has major implications, I love this stuff:
Scientists find evidence of liquid water on the surface of Mars
Jupiter's moon, Europa, is thought to harbor a vast liquid water ocean under an ice covering as well.
Another cosmic mind bender? How about this:
Way Too Deep For Me: Our Universe Shows 'Bruising' Evidence Of Running Into Other Ones
Multiverse theory? Wild.
Film Clips
Movie time!
Great clip from the classic film "Dune" where Paul Atreides shows the weirding way to the Fremen:
Love that film.
You have not seen "Big Trouble in Little China"? Why not?:
Rock Blogging
Lots of requests so here we go.
Birthday girl C-T was looking for more Depeche Mode and I cannot deny a birthday request unless it involves the band that cannot be named. Found a great live version of "It's No Good":
Great performance!
A great way to get a request on is to have a tune with a steel guitar involved. Try out Sovereign Bohemian's pick of "4th of July" by Shooter Jennings:
Fellow 12631 member Mda1125 was looking for Lyrics Born and "Hello" and this is some serious techno funky music!:
Wow! If you are in the market, mda1125 is a guru for fitness and you can check out his site here:
Marc David
Gawains was thinking Rolling Stones and "Hand of Fate":
Fitting.
My man Tony of Macro Story has nailed the last 2 months pretty much exact. You should be reading his posts. AC/DC was his request so here is "Hells Bells" from a get out crazy show at Donnington where legends play:
Wow.
Ok, last two are my picks!
We need a consolation tune, and Bette Midler's "The Rose" is as touching as it gets:
Unreal pretty tune.
Last call! Grab a beer and get some cash from the ATM while you can. Got gold and silver? Too late now.
OAR with "Shattered":
Have a good night.