Worst of the Worst: The List of 2009’s 10 worst lists

2009’s 10 worst …

1. IPOs (The Street)
2. Films (t5m)
3. Economic Myths Reiterated by “The Media” (BusinessAndMedia) 
4. Ads (BNET)
5. Obsessions (Scene)
6. Movies (Metromix)
7. Odd, Overreaching ‘Decade’ Lists (AtlanticWire – and they went with 9 just to be different)
8. Toys (W.A.T.C.H.)
9. Sex Scenes (YourTango)
10. iPhone Apps (Fortune)
11. Tech Failures (ReadWriteWeb)
12. Concept Cars (AskMen)
13. Linux Distributions (DaniWeb)
14. Countries to be a Blogger (CPJ)
15. Real Estate Markets (Fortune)
16. Album Covers (AOL) 
17. States for Job Losses (ClassesAndCareers)
18. Sexy Halloween Costumes (Washington City Paper)
19. US Cities for Traffic (RealEstateBloggers)
20. Exchange Traded Funds (EveryDayFinance)
21. Stocks (MotleyFool)
22. Celebrity Endorsements (Financial Times)
23. Rock albums (About.com)
24. Pop Culture Halloween Costumes (BuddyTV)
25. Foods (Shine)
26. Summer Jobs (AutoBlog)
27. Cities for Asthma (eMedicine)
28. US Cities for Rodents (TheRealEstateBloggers)
29. Dictators (Parade)
30. US Places to Live (StrollerDerby)
31. iPhone apps (ITPro) 
32. Social Media Marketing Tips (Social Media Today)
33. Movies (Examiner.com)
34. Airports (Travel + Leisure)
35. Things That Are Behind Us Now (AdAge)
36. Predictions (Foreign Policy)
37. Tax Gimmicks (Fox And Hound)
38. Movies (Columbus Other Paper)
39. Video Games (Virgin Media)
40. Movies That Failed To Live Up To The Hype (IGN)
41. Business Deals (Time)
42. Dressed World Leaders (Time)
43. Gay Happenings (AutoStraddle)

Advertisement

How high the moon? How low the Dow?

Has anyone started a betting pool on where the Dow will settle at? CollateralDamage Sr. and I were discussing this today. He said 7000. I said 6000.

Anyone?

Bueller?

More happy news: Welcome to the wonderful world of deflation A new post by me over at BlownMortgage:

Like everyone else I’m relieved gas prices are dropping. As gas prices drop so do those of a lot of other things, like food and shipping and clothes. That’s all good, right? Yeah, unless they don’t stop dropping. When that happens you have deflation and it is very bad.

Simple definition:  “A general decline in prices, often caused by a reduction in the supply of money or credit. Deflation can be caused also by a decrease in government, personal or investment spending. The opposite of inflation, deflation has the side effect of increased unemployment since there is a lower level of demand in the economy.”

Click above if you have the stomach for it.

And speaking of irrational exuberance

How else to explain this one: GM shares rise despite $3.2B loss. Not with my money they didn’t. Would this be evidence of the greater fool theory?

Best quote in the story goes to CFO Frederick “Fritz” Henderson who seems to inhabit a world where gas prices are much, much lower than the one the rest of us are living in. “The Yukon, Yukon Denali, Escalade, Tahoe, Suburban, Avalanche — we love them. So do customers, that’s even more important.”

Yep, I expect sales of ginormous SUVs to just keep on going. I also expect the Cubs to win the World Series. And I am Marie of Roumania…

Headline of the Day: Bausch & Lomb Stock Hit by Fungus Outbreak

Don't they wash their hands down their at the NYSE? Isn't this the advantage of on-line trading?

And speaking of headlines … this was the AP's headline on the Enron trial from yesterday Skilling Tells Enron Jury He's 'Innocent' Why the quotes around innocent? Are they implying that he was being ironic? In which case italics and a big wink are the way to go.