Daily Views for January 9, 2008
The Oracle of Omaha has spoken. Bond Insurance is in; Western Union is out The stock market recovered some lost ground today --- the Dow was up 146 points to 12735, the S&P 500 was up 19 points to 1409 and NASDAQ ahead 33 points to 2475. Though recovering a tad from the beating the markets have taken since Day 2 of 2008. The major stock indexes are still off 4% YTD. These are times when gold comes to mind, and indeed, the price of gold reached a record $894 per ounce today on the New York Mercantile…