A Service to Make 401(k) Tweaking a Piece of Cake

Cake Premium may be a helpful tool in confusing times. But its limitations make it an incomplete solution that’s no threat to a really good, honest investment adviser, writes Walt Mossberg.
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Voices

Piper Sees ’09 E-Commerce Down 10 Percent; Online Ads Up 2 Percent

Gene Munster of Piper Jaffray cut estimates on 33 Internet companies today. He claims that it’s due to the “significant deterioration in the economic and consumer spending outlook.” Well, at least people are saving a little money. Munster sees e-commerce spending down 10 percent in the coming year, and online advertising up just two percent.

Sad Guys on Sand Hill Road

Sad Guys on Trading Floors may soon have some new photographs of dismay to catalog, if the Silicon Valley Venture Capitalist Confidence Index is any guide. Released this morning, the index puts VC confidence at its lowest point in the five-year history of the survey.