| | Along those lines, BNP Paribas economics team pointed out in a morning email to clients that the housing market is still at risk by stating that, Buyers Traffic, the leading indicator of future homebuyers demand dropped to 9 from 10 previously, back to the March 2009 level, suggesting downside risks to construction activity in coming months. Market reaction is rather subdued following the report since all eyes are on today FOMC rate decision as market participants look for guidance on the next course of action by the Fed in tackling this recent economic slowdown of low growth and high unemployment. The yield on the 2 Year is now at its all time low of 0.44 percent while the 10 Year is currently trading at 2.66 percent, down 4 basis points from yesterday. economy, the dollar is lower. Today, the dollar is down by 0.4 percent while for the month, the dollar is lower by 2.6 percent. Conversely, kool aid and optimism that the worst is behind us remain the predominant theme in equities. For the month, the S 500 is higher by 8.6 percent.ｻｿBut their image has taken a severe beating amid a nasty war in the rag trade (IDG) Cell phones are here to stay. Just accept it. I'll admit that when they first started hitting the streets early this decade, I regarded anyone that whipped one out with a sort of jealous, class based contempt. But now that the little buggers have become so darn affordable, I've got one and I'm all for it. Although I still harbor fears of what the proliferation of radio waves is doing to my unborn children, it is great to be able to talk with whomever, whenever, wherever. But cell phones are going way beyond their utilitarian beginnings. Cell phones are staking out a place in history, weaving themselves into the social fabric. They are fashion statements. They are necessities. They are symbols of power and importance. If you are without a cell phone it means that no one depends on you for urgent direction and needs to get in touch with you at all times. It means you're not cutting deals, giving orders; in short, not getting around all that much. And nobody wants that kind of a reputation. Of course, it's always better to receive calls than to make them. Calling out looks like you're trying too hard. Receiving calls looks important. But merely having a cell phone only tells half the story. The type of cell phone you carry fills in the rest of the details. Mine is a clunker, heavy but functional. It says that I am not a frequent traveler, but when I do hit the road, I throw it into my briefcase and not my pocket, mostly so that I can call out to people and not receive calls. There are worse clunkers than mine though, like the old standard Motorolas. These things are so big they look like kitchen appliances. When they're pulled out in public, it tends to be embarrassing for everyone involved. The Motorola StarTac, however, is so Star Trek (not a coincidence the name is almost the same) that you definitely look a) cool, and b) important. The phone is light, sleek, delicate, and very functional. It's not surprising that it's a hit. Then there are the colorful Nokias with the interchangeable facades. If you're in the business world, you don't want to be seen with one of these babies. They are for teenagers, the latest target market in the ever expanding cell phone business. They are cherry colored, lime green, and bright yellow. They accessorize. They are the Volkswagen Beetle or the iMac of cell phones. So, without being too superficial, make sure your company is aware of the stigmas attached to different types of cell phones. 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