It is good to see this crucial sector returning to growth.

The threat of terrorism was not front of mind for the majority of people.

Usually when the public gets admitted to something, it's the end of the bubble. The exponential growth in private equity and hedge funds in the last decade is mind-boggling. There's a bubble here that's going to bust. There's too much money. That's true in venture capital and it's true of hedge funds as well.

Construction spending remains strong due to continued economic growth.

I'm tired of my life, my clothes, the things I say. I'm hacking away at the surface, as at some kind of gray ice, trying to break through to what is underneath or I am dead. I can feel the surface trembling—it seems ready to give but it never does. I am uninterested in current events. How can I justify this? How can I explain it? I don't want to have the same vocabulary I've always had. I want something richer, broader, more penetrating and powerful.

Economic data have been reasonably good, so the bonds continue to sell off. Strong economic growth means the central bank is likely to tighten further. You see significant back-up in yields across the board.