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Q (Portfolio.com via Yahoo! Finance)
The most striking thing about Bill Gross's column this month, about equity valuations, is the first graph, showing the evolution of Tobin's Q over the past few decades: Gross explains that Q is the value of the stock market, divided by the replacement cost of net assets: ...

Invest with courage, perspective, discipline and patience (The Shamokin News-Item)
These are tough times for the U.S. economy. Everyone understands that ā€” even the economists. In fact, for the first time in this business cycle, 100 percent of economists recently polled1 believe the U.S. economy is in a recession. Of course, that forecast is of little use to investors who already have seen the stock market drop nearly 50 percent. Recessions happen all the time. This would be ...

Clearwire Crunched! (Unstrung.com)
While the rest of the domestic equity world was enjoying a rare market rally on Tuesday, Clearwire LLC (Nasdaq: CLWR - message board ) was taking it on the nose to the tune of down 26 percent (at the time of this writing) on less than average volume. Whatā€™s the problem?

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