- Reuters blogger Felix salmon chronicles the changing state of the TV industry. “Pretty soon, the consumer is going to have a lot more power, and that’s going to change the game in profound and fundamental ways.”
- Keep an eye on stocks during the first five trading days of the year, Tom Petruno writes at LA Times’ Money & Co blog, as Wall Street’s tone at year’s beginning is typically a reliable indicator of market’s direction for remainder of the year.
- Don’t expect housing prices to return to the mid-2000s boom levels for years, if not decades, Harvard economist Edward Glaeser writes at Economix. Prices were essentially flat between September and October, which isn’t a bad thing.
- Is Apple’s history repeating itself? Henry Blodget offers an interesting take on whether Apple is making the same strategic mistake it made in the 1990s.
- About 85% of stocks in S&P 500 are trading above their 50-day moving averages. “The fact that breadth has caught up with the new highs in the overall market is a good thing for the health of the bull market,” Bespoke Investment Group says.
- The economy’s path to prosperity is still clouded by government stimulus, Tim Duy says.
- Berkshire Hathaway gave a public warning to Kraft over its pursuit of Cadbury. The move came after Kraft sweetened its hostile takeover offer.
- Ford posted a 33% rise in December US auto sales, while both GM and Chrysler registered single-digit declines.
- A roundup of Nexus One reviews.
- Discovery, Imax and Sony are forming a joint venture for a 3D TV channel.
