http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm GDP Increases 2.5 Percent; Up 2.1% Outside Inventories By GENE BALAS | SEP 26, 2013 | 8:51 AM EDT In the third and final estimate for second quarter GDP, estimates for growth were unchanged at 2.5%. The second quarter began six months ago … Continue reading
Since I’m travelling and have not followed details all week, I don’t know why we are behind. The Portfolio gained $59.40=1.30% but this is not as much as well as the DOW but better than the NASDAQ and even with … Continue reading
Shopping down at Walmart, Target, Macy etc and now Durable Goods: Data bad this morning re Durable Goods: Nothing Good About Durable Goods (from the street.com) AUG 26, 2013 | 8:57 AM EDT Core is most troubling. The headline figure … Continue reading
The new banking system, isn’t regulated, serves the poor; the people that BANKS don’t want or serve. Two Americas? “Ya betcha! See this NYTimes article: Platinum Card and Text Alert, via Pawnshop BY STEPHANIE CLIFFORD AND JESSICA SILVER-GREENBERG http://dealbook.nytimes.com/2013/08/24/platinum-card-and-text-alert-via-pawnshop/?hp&_r=0
http://realmoneypro.thestreet.com/articles/06/28/2013/sad-state-small-business That’s right. What’s happened in America is that the huge corporations with lobbyists in Washington and tentacles throughout the country — the ones with the best balance sheets and, yes, the best leadership — simply can’t be beaten by … Continue reading
Although as interest rates climb, banks will accrue more, everything else is marginalized. China is slowing again and Europe continues to be a mess. The President’s comment about Bernanke and the Fed Chair’s comments from the Central Committee indicate: 1. … Continue reading
Remember last time we had big gyrations? or what the “in-the-knows” call volatility? Take a look at the portfolio this week on a day to day basis: Previous Friday Monday Tuesday wed thurs fri $4,562.45 $4,582.39 $4,525.25 $4,492.36 $4,541.36 $4,482.22 … Continue reading
People are spending; retail numbers are up and unemployment claims down. Market tends to go down more than up mostly based on “scares” of the world’s tussles. guess=Banks will make the most money. They have been supported and not regulated; … Continue reading