Diamonds and Dogs
America for SaleAmerica is for Sale
It's one thing to have the Belgium's buy the king of beers, Budweiser, right from under our throats. Today, US capitalism took a hit, long expected, as the venerable New York Stock Exchange was sold to the Germans. Who would have imagined that the bastion of American capitalism would be sold without protest or even alarm? "The times they are a changing" and who knows, maybe the Dutch will buy Bob Dylan next. Markets are struggling this week to blast through a major S&P level, the level that would represent a 100% move from the lows of April 2009. That significant level should not be lost on stock investors as this resilient, government aided market is powering ahead. Speaking of powering ahead, dollar stores like Family Dollar (FDO) are trading much higher today after FDO gets a buyout order from Peltz. Keep it in America Nelson, keep it in America.