Tuesday, August 07, 2012

Morning Journal-The economic numbers are looking a little better


Economics
This Week’s Data

Other


John Taylor (Taylor Rule) on the recovery (medium):
http://johnbtaylorsblog.blogspot.com/2012/08/its-still-recovery-in-name-only-real.html

No sign of recession (medium):
http://mjperry.blogspot.com/2012/08/no-signs-of-recession-from-five.html

The banksters, aided and abetted by the political class, f**k the public once again (medium):
http://www.zerohedge.com/news/guest-post-tbtf-banks-laughing-all-way-home-thanks-harp

Weekly update on gasoline prices (short):
http://advisorperspectives.com/dshort/updates/Gasoline-Update.php

Economic indicators turning more positive (short):
http://www.bespokeinvest.com/thinkbig/2012/8/6/economic-indicators-turning-more-positive.html


Politics

Domestic


More hypocrisy from Obama (medium):
http://michellemalkin.com/2012/08/06/president-obama-cheers-mars-rover-landing-by-agency-whose-budget-he-slashed/

The reach of government (medium):
http://www.zerohedge.com/news/guest-post-us-citizens-pay-attention

News on Stocks in Our Portfolios

More quarterly earnings per share reports:

Reported Expected

Amerigas -$1.00 -$.84
Emerson Electric 1.04 1.00
Sun Hydraulics .43 .41
CF Industries 8.31 7.90


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.