That's Right, I Called It!

Well, well, well. It seems as if Ms. Cleo has struck again folks. If you recall from yesterday's post, I was feeling a wee bit of guilt for the state of the markets. I felt as if, somehow, our absence had sucked all the positivity out of the world. Now, one day into spreading my good vibrations...guess what? Positive News. It truly frightens me, this power I have. What is all this agreeable news, you may ask? First of all, oil prices fell sharply this morning as we have simply stopped demanding so much of the stuff. All these "oil men" thought we were just a little too addicted to their stash...It seems as though Americans aren't afraid to pull out transportation #1 and transportation #2 (translation: their feet) when it gets too expensive to drive. Here's a thought, maybe this new found "lack of demand" will also solve our out of control obesity problem. Done & done. See, there is always a silver line to every dark cloud. Also, topping the positive charts, is the fact that even though both are still low, consumer confidence rose from its 28 year low, and new home sales fell less than expected. Now, to be fair, not all the news coming out is good...we need a few more days until that happens. We found out that foreclosures rose 14% in the 2nd quarter, which is up over 121% from this time last year. Also, it seems like Seven Jeans & True Religion will not be getting their back to school boost. No, expect Wal-Mart to post great numbers, while other retailers will suffer. But hey, that's okay. In the words of Will Smith, "You go to school to learn, not for a fashion show." In other news, those crazy billionaires are at it again. Yes, Bill Gates and Michael Bloomberg are joining forces to create interstellar domination...I mean they want the world to quit smoking. They are pledging $500 Million to this cause. Maybe they should help some of these people get some food so they won't have to repress their hunger with ciggies...but I digress. Finally, onto the disturbing world of Hollywood...or simply celebrities. The crack addicted, cigarette smoking, emphysema having, wife of a jailbird, Amy Winehouse, has issued one of the most laughable statements of all time. Yes, she said, "I want at least five kids. I want twins. Blake is gonna be the most amazing dad." Is this before or after a hit of crack. Enough said.