Insights
12/7/12 9:38 AM – Another Confusing Job Report
Hallelujah! The unemployment rate dropped to 7.7% and the economy added another 146,000 jobs. Way to go - we're on our way, now! But wait; there's more. 1) A whopping 346,000 people dropped out of the labor force, shrinking the labor pool, making the unemployment rate...
12/6/12 3:43 PM – Your Government at Work
Sorry, this time of year I take a little time off to look for Bambi, so I have not posted much lately. I thought you might appreciate this little cartoon Barron's published a little while back. It pretty much sums up the current negotiation, er, standoff...stalemate...
11/29/12 11:08 AM – GDP Report on US Economic Growth
The revised report for US economic growth in the 3rd quarter of 2012, referred to as Gross Domestic Product (GDP for short) came in at 2.7% growth, up from the first estimate of 2%. But, the report was a mixed bag. For starters, all of the 0.7% increase from the first...
11/28/12 10:06 AM – Need a Kidney? Just Print One!
CNBC has a fascinating article on using 3D printing to make human organs. Apparently, some have already printed kidney cells or laid down new cells on a wound.The CNBC article is at How 3D Printers Are Reshaping Medicine But, you really, really need to check out this...
11/28/12 9:52 AM – World Markets Down Today
Markets across the world are down today, including the US, which is down 0.67%. The main issue is the hardening of lawmaker positions on the fiscal cliff. Since the US has been the strongest and largest economy in the world lately, investors worry that if the US slows...
11/27/12 3:52 PM – Fiscal Cliff Negotiations and the Stock Market
The "fiscal cliff" drama continues with more drama than markets would like. As a reminder, the so-called fiscal cliff is the result of last summer's largely failed debt ceiling negotiations in which a package of spending cuts and tax increases would automatically go...
11/26/12 9:55 AM – Predictions from Last Week
I made some predictions here early last week. 1) The conflict in Israel vs. Gaza would be short-lived - A cease-fire was declared Wednesday 2) The market would be up for Thankgiving week - the S&P 500 gained 3.6%. 3) The market would be up down on the following Monday...
11/21/12 10:59 AM – Off for the Holidays – Stores that Make Employees Work Thanksgiving
I will be taking Wednesday through Sunday off the Thanksgiving holiday so I will probably not post anything unless something really catches my eye. Enjoy the holidays. My advice: let the week be more about what you are thankful for than what you want to buy on this...
11/20/12 11:09 AM – Fiscal Cliff Rally
U.S. stocks have rallied about 3% since late Friday morning when the President and Congressional leaders made optimistic statements about fixing the so-called "Fiscal Cliff." Stocks usually do well Thanksgiving week but often drop Monday following, according to Art...
11/20/12 10:53 AM – Israel / Hamas Conflict
A friend of mine who lived in Israel for a long time and still conducts business there told me today that he doesn't think the current conflict will last long because Hamas has neither the resources nor manpower to fight a long war. I think Israel has already pretty...
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