July 7th 2009

Today is four years since the bombings in London. A lot has changed since then. However the Ashes is upon us again and it is less than 24 hours away. As in 2005 there is a good possibility that England will win this series. Someone on face book said that the chances of England winning the Ashes is as good as America having an economic recovery. I do not think that the recovery of America will start tomorrow and will be significantly better by the time the Ashes end. However what I do know is that America is on the path of recovery. The distressed funds cropping up is testament to this. Roger Federer created a record at Wimbledon over the weekend. He deserved it. However I have to admit that I did admire Roddick. I do not think he is a better player than Andy Murray or Roger Federer. However what he did was he studied his opponents, created a strategy and stuck to it. His plan was good enough to beat Murray and to take the finals to a five sets. The talent of Federer was better than the skill of Roddick combined with his plan. That match is an epitome of the financial market. A beautiful sunny day, a lush green carpet of grass for the most part. The baseline however nearly caused both players to slip at different times. Finally strategy is not good enough to win. You have to be talented.