This Week’s Data
July producer prices were reported up 0.3% versus expectations of up 0.2%; ex food and energy, they were up0.4% versus estimates of up 0.2%.
July retail sales powered forward at +0.8% versus forecasts of +0.3%; ex autos, they were up 0.9% versus an anticipated rise of 0.3%
Interview with Alan Simpson (Simpson Bowles) (9 minute video and today’s absolute must see):
America’s energy bonanza (medium):
C&I loans continue to grow (short):
Save the banks but jail the banksters (medium):
Update on small business sentiment (short):
Update on gasoline prices (short):
At last, a bankster appears to be heading for jail (short):
News on Stocks in Our Portfolios
More quarterly earnings per share reports:
Sysco $.62 $.56
Home Depot 1.01 .98
Holly Frontier declared a special dividend of $.50 per share.
Strategic Stock Investments is to help other investors build wealth and benefit from the investing lessons he learned the hard way.