Thursday, October 06, 2011

Morning Journal 10/6/11


This Week’s Data

The Institute for Supply Management’s September nonmanufacturing index was reported at 53.0, in line with expectations and versus the August reading of 53.3.

Weekly jobless claims rose 10,000 versus estimates of up 19,000.


The dollar and recession. Pay close attention to the chart and discussion on the long term relationship between the dollar and stock prices:

Six feet high and rising: the latest on US government debt (short):

A lesson in the economics of trade (short):



Obama versus Clinton on taxes (short):

Solyndra and all those green jobs (short):

International War Against Radical Islam

Obama’s terrorist dilemma (medium):

Jim Rogers on the latest China bashing legislation (7 minute video):