Friday, August 10, 2012

Morning Journal-Slowing growth in the emerging markets


Economics

This Week’s Data


June wholesale inventories fell 0.2%; unfortunately, wholesale sales nosedived 1.4%, pushing up the inventory to sales ratio.

Other

Politics

Domestic


My favorite liberal on Obama altering work requirements (short):
http://dailycaller.com/2012/08/08/the-case-for-romneys-welfare-attack/


International

Slower growth in emerging markets? (medium):
http://www.project-syndicate.org/commentary/no-more-growth-miracles-by-dani-rodrik



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.