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August 28, 2007


Most Read Stories (28-Aug-2007 9:23:10)

Here are the top five most read stories on the Bloomberg in the last day with selected excerpts (and my comments, if any, in italics).

As of 28-Aug-2007 at 9:23:10 (Beijing time):

  1. U.S. Stocks Fall, Led by Financials; Countrywide, Lennar Drop

    2. “… the glut of unsold homes rose to a 16-year high last month … Fifteen of 16 homebuilders in S&P indexes slid.”

  2. Oral-Sex Cancer Link Suggests Boys Need Merck Vaccine

    3. “Changing sexual practices such as more frequent oral sex in adolescents and young adults could contribute to an increase in oncogenic HPV-associated oropharyngeal cancers.”

    Oral sex is something new among young adults? Is this true?

  3. As Bernanke Retreats to Wyoming, Critics Ask Is He Prime Time

    4. (Still #3)

  4. Fed May Kill Long Bond Rally With Switch From Inflation Focus

    5. (Previously #1)

  5. U.S. Economy: Home Sales Drop, Inventories Increase

    6. “‘Unfortunately, worse news lies ahead,’ said Nigel Gault, chief U.S. economist at Global Insight Inc. in Lexington, Massachusetts. Stricter borrowing rules mean more foreclosures and fewer qualified buyers, which will be ‘adding up to lower home sales and lower prices. It is hard to see a bottom before mid-2008.’”

    You usually don’t “see the bottom” until it’s long past.

This entry was posted on Tuesday, August 28th, 2007 at 9:53 am (utc+8) and is filed under Trading and Investing.

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