Thursday, October 20, 2011

Morning Journal--Much discussion on median household income


News on Stocks in Our Portfolios

More earnings reports:

Reported Expected

KMP $.44 $.47
APH .81 .78
ABT 1.18 1.17
UTX 1.47 1.44

CVX is buying back $5 billion in stock.


Economics

This Week’s Data


Weekly jobless claims fell 1,000, in line with expectations.
http://www.calculatedriskblog.com/2011/10/weekly-initial-unemployment-claims-4.html

Other

Different stats on personal income (short):
http://www.zerohedge.com/news/visualizing-unfudged-truth-about-american-income-and-some-trivia-uber-wealthy

Plus this (short):
http://advisorperspectives.com/dshort/commentaries/Consumer-Why-So-Gloomy-111019.php

And this (short):
http://advisorperspectives.com/dshort/guest/111019-A-Generation-Forgotten.php

Inflation and bond yields (medium):
http://scottgrannis.blogspot.com/2011/10/inflation-and-bond-yields.html