Great new Blog i'm following

I was introduced to a new blog the other day and am already addicted. It has some great insight into business and the economy but the writing is very straight forward and easy to understand. It's called "The Big Picture" and was created by Barry Ritholtz, a very well respected economic and business commentator. He is often quoted in the Wall Street Journal and also appears on CNBC's stellar lineup (that was a joke, watch the Daily Show clip on his blog). Here's an example of how straight forward his blog posting can be while also making an excellent point. The point here is that the financial world is coming to an end!

http://www.ritholtz.com/blog/

"Here’s a short list of only the highest quality, bluest of blue chip, penny stocks:

• AIG (39 cents)
• Citigroup (98 cents)
• E*Trade (66 cents)
• Fannie Mae (39 cents)
• Freddie (39 cents)
• Unisys (37 cents)

Given the trading volumes, you might think these were real firms or something!

Now, for the not-quite-penny stocks:

• Ford ($1.83)
• GM ($1.83)
• Las Vegas Sands ($1.97)
• MGM ($1.99)
• CIT ($2)
• Kodak ($2.50)
• Bank of America ($3.15)
• New York Times ($4.00)
• News Corp ($6.15)
• Xerox ($4.36)
• International Paper ($4.22)
• Alcoa ($5.55)
• GE ($6.75)
• Dow Chemical ($6.56)
• Wells Fargo ($7.95)
• Dell ($8.50)

It looks like American Express ($10.83) is one of the few double digit stocks . . ."