Morning Journal-Romney's economic plan

Economics

This Week’s Data

June factory orders fell 0.5% versus expectations of an increase of 0.7%.

July nonfarm payrolls rose 163,000 versus expectations of a 90,000 increase; oddly enough the unemployment rate rose to 8.3% from 8.2%.
http://www.calculatedriskblog.com/2012/08/july-employment-report-163000-jobs-83.html

Other

Global PMI’s show stalling growth (short):
http://www.macrobusiness.com.au/2012/08/global-pmis-show-stalling-growth/

Friday morning humor:
http://www.zerohedge.com/news/summarizing-draghis-epic-dud

Politics

Domestic

Romney’s economic plan (medium):
http://online.wsj.com/article/SB10000872396390443687504577562842656362660.html?mod=WSJ_Opinion_LEADTop

International War Against Radical Islam

When Assad falls (medium):
http://www.nationalreview.com/articles/312893/after-assad-falls-clifford-d-may

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.