As to the market, which is very good about following the rules of supply and demand, these are very interesting times. Demand is down, in part because of lousy economic news (which I’m not going to go into today). Bond yields are at record lows … a clear sign of the market’s “flight to safety.” And it’s extremely difficult to find an optimistic economist these days. (You know in your heart that they’re often wrong, but you listen to them anyway.) Ben Bernanke commented a month ago that “the economic outlook remains unusually uncertain, ”and the President of Cisco,...
