70 Words

Masterful Musicians

04/12/2013

The Friday File: On 12/5/12, jazz great Dave Brubeck died at age 91 and on 2/27/13 Harvey Lavan Cliburn, Jr. known best as Van Cliburn passed at age 78. Brubeck’s 1959 album “Time Out” was the first jazz album to…

No Shoot

04/11/2013

Rather than requiring gun-training, fingerprinting, outlawing assault weapons or “large” ammunition magazines or limiting the number of guns you can buy/day, instead require gun buyers to post a $10,000 bond for each gun purchased, and if the gun is involved…

Driving Sales

04/10/2013

Last week automakers reported sales of 15.3 million, up from a low of 9.0 million in February 2009. The rise is due in part to ultra-low interest rates, but also to both a rapidly aging fleet and longer loan terms.…

Souring Cyprus

04/09/2013

The recent $13 billion bailout (60% of GDP) made by the IMF, ECB, and European Commission to Cyprus does not solve problems, it just delays them. With a post bailout debt-to-GDP burden of 140%, an economy that will shrink 20%…

Less Work

04/08/2013

US employment peaked in 1/08 at 138.1 million. Employment then fell to a low of 129.3 million in 2/10, a loss of 8.8 million jobs. Today 46 months after the end of the recession, employment is 135.2 million, 2.9 million…

Bad Booze

04/05/2013

The Friday File: Due to skyrocketing demand and fixed supply of bourbon, rather than raising the price, the distiller of Maker’s Mark is reducing its alcoholic content by 7%! While most customers won’t notice, those that do will buy better…

March For Jobs

04/04/2013

March employment numbers come out tomorrow and they will disappoint. ADP reported weak private sector job growth numbers yesterday, first time unemployment claims that came out this morning and were on the high end and sequestration will probably knock off…

Building on Housing

04/03/2013

As if more proof were needed that home building is rapidly improving, and that production builders are the biggest winners, Taylor Morrison plans an IPO to take advantage of the run-up in home builder stock prices. The planned IPO will…

Week is Strong

04/02/2013

Personal income rose 1.1%, consumer spending jumped a robust 0.7%, the Fed’s preferred inflation gauge rose just 1.3% over the past year, consumer confidence increased, GDP for Q4 was revised up by 0.3% and house prices rose 8% year-on-year! But,…

Happy April Fool’s Day!

04/01/2013

In an effort to lessen the impact of the sequester on federal spending, the Interior Department will be selling corporate sponsorships to national parks. The first trial sponsorships include the Marlboro Great Smokey Mountain National Park in TN, the Skippy…

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