Economics
This Week’s Data
Other
Part of the recent decline in the labor force is explained by demographics (baby boomer retiring):
http://mjperry.blogspot.com/2012/05/demographics-account-for-50-of-decline.html
The latest from Rogoff and Reinhart (medium and today’s must read):
http://www.zerohedge.com/news/reinharts-and-rogoff-why-debt-overhang-matters
Consumer credit soars as auto loans and student loans increase (medium):
http://www.zerohedge.com/news/consumer-credit-soars-us-encourages-student-car-loan-bubbles
Here are a couple of inspiring numbers: # of Americans filing for disability and the # of Americans on food stamps (short):
http://www.zerohedge.com/news/two-charts-exposing-americas-record-shadow-welfare-state
Weekly update on gasoline prices:
http://advisorperspectives.com/dshort/updates/Gasoline-Update.php
Small business optimism gains in April (short):
http://www.calculatedriskblog.com/2012/05/nfib-small-business-optimism-index.html
Politics
Domestic
International War Against Radical Islam
Compulsory blindness (to jihad) (medium):
http://www.nationalreview.com/articles/299114/compulsory-blindness-andrew-c-mccarthy
The gitmo circus (medium):
http://michellemalkin.com/2012/05/07/the-gitmo-circus/
News on Stocks in Our Portfolios
More quarterly earnings per share reports:
Reported Expected
Sysco $.49 $.44
Sun Hydraulics .41 .38
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.
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