All posts in Uncategorized
Supersize that for you?
The Markets Ugh, drip, drip, drip. Watching today’s market was like water torture. Until the last half hour it was snoozeville. When Burger King reported fewer customer visits the consumer sector collapsed, led by McDonald’s, down 3% at one time. But the last half hour …
In a Business Week article about John Bogle he discusses his campaign to lower management fees of funds. The article goes on to example the effects of fees on performance. “A dollar invested over 50 years at an 8% annual return compounds at $47. But …
TheMarkets If this were not a shortened work week I would pronounce a very important day. They sold them off at 2pm then rallied big time at three. That the bulls came back with such relative ferocity was impressive. Difficult to believe investors feel this …
The story of the fabulous, nah, that is not the word; the haunting, innocent beautiful cover of the Blind Faith album. Oh, it is my brother’s friggin 70th birthday. Holy crap. “Blind Faith Website”
Blogger Burnout
Bloggers have a short life. Not in terms of years on Earth, but how long they continue to blog. The novice gets pretty excited to communicate her/his thoughts, knowledge and nonsense. Initially the blogger leaves the computer on all night, just in case there is …
As GM goes so goes…………
The Markets Optimism is being smashed this morning as futures portray a 2% decline. Early morning futures were much worse than currently. The rally has given us a 21% gain and that is being be tested. Banks and autos being crushed as Geithner and Obama …
Noon Look
Dow off 110, about 1 12%. But there is some green here and there and some are still banking on window dressing this afternoon. Financial stocks are the greenies and that is viewed positively. Them that got us here mentality. Speaking of banks, gosh, this …
The Markets Markets responded to better than expected earnings from Best Buy, a blow-out Treasury auction and Geithner’s Congressional testimony. The Best Buy news evidenced consumers still thirsty for electronic gadgets and entertainment. I was in our local store yesterday and didn’t notice huge crowds, …
Job Growth by Presidents
President Months in Office Monthly Job Growth Jobs Created Truman 93 93.6 8702 Eisenhower 96 36.9 3538 Kennedy 35 102.1 3572 Johnson 63 193.4 12183 Nixon 68 135.0 9181 Ford 30 69.1 2073 Carter 48 215.4 10339 Reagan 96 167.7 16102 HW Bush 48 54.0 …