Morning Journal--Another warning from Andrew McCarthy

Economics

This Week’s Data

The August Philadelphia Fed manufacturing index came in at -7.1 versus expectations of -4.5.

Other

Rail traffic still growing (short):
http://pragcap.com/rail-traffic-slows-still-consistent-with-economic-expansion

Politics

Domestic

One of the problems with higher education (medium):
http://mjperry.blogspot.com/2012/08/the-academic-conference-racket.html

International War Against Radical Islam

Another warning from Andrew McCarthy (medium):
http://www.nationalreview.com/articles/314094/general-el-sissi-s-ties-andrew-c-mccarthy

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.