Thursday, March 15, 2012

Morning Journal-More on China


Economics
This Week’s Data


Weekly jobless claims fell 11,000 versus expectations of a 2,000 decline.
http://www.calculatedriskblog.com/2012/03/weekly-initial-unemployment-claims_15.html

The February producer price index rose 0.4% versus estimates of up 0.5%; core PPI was up 0.2%, in line with forecasts.

The March Empire State manufacturing index came in at 20.21 versus an anticipated 17.9 and 19.53 recorded in February.

Politics
Domestic


Obama’s disastrous energy policy (medium):
http://www.nationalreview.com/author/56454/latest

And He should run on His record (medium):
http://www.nationalreview.com/articles/293320/obama-s-surreal-campaign-victor-davis-hanson

International

More on China (medium):
http://www.nakedcapitalism.com/2012/03/satyajit-das-%E2%80%9Call-feasts-must-come-to-an-end%E2%80%9D-part-2-china%E2%80%99s-debt-investment-fuelled-growth.html

More on the PIIGS (short):
http://www.zerohedge.com/news/dear-germans-bring-out-ze-checkbooks


Steve Cook received his education in investments from Harvard, where he earned an MBA, New York University, where he did post graduate work in economics and financial analysis and the CFA Institute, where he earned the Chartered Financial Analysts designation in 1973. His 40 years of investment experience includes institutional portfolio management at Scudder, Stevens and Clark and Bear Stearns. Steve's goal at Strategic Stock Investments is to help other investors build wealth and benefit from the investing lessons he learned the hard way.