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Barry Ritholtz's Big Picture More Linkage!
here's a taste:
• Businessweek looks at sector rotation -- away from higher Beta names, and towards the more defensive issues in A Creeping Caution on Wall Street
• Treasury Secretary Paulson is hoping the Wealth Effect of Stocks will make up for Real Estate; That's a bad bet
• Thomas Friedman: The First Law of Petropolitics

Hear Random Roger: The Big Picture For The Week Of October 29, 2006

Weekend Blog Watch By James Altucher

RETIRE RICH: Survival Guide

Carnival of Personal Finance

TraderFeed takes an objective look at subjective knowledge .

Weekend Links from Adam

PRECIOUS POINTS: FED SENDS "BUY" SIGNAL

Real estate blog carnival

MaoXian tracks new highs and finds many ETFs near their highs.

Nouriel Roubini's Blog: Was Q3 GDP growth manipulated upwards because of the coming elections or is the US government clueless about measuring output?

Middle Class Squeeze Continues from The Big Picture - This is so important to understand for socio-economic reasons and for political reasons. Yes, Americans don't save any more. But, don't blame the middle class for funding their annual budget shortfalls with credit card debt and now with home equity debt. After all, despite the lies about inflation coming from the government, the biggest and most important expenses continue to outpace real wages which have gone backwards over the past 25 years. These "big ticket" expenses include: One's house, household expenses, energy, college education, and healthcare.