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US births fell for a 3rd straight year. Births peaked at 4.3 million in ’07 but by ’10 births were just 4 million. In ’08 and ’09 the only increase in births was for women over 40. The decline is…
Read More37% of all net new jobs created since the recovery began were created in TX. TX has added 265K net jobs. NY was 2nd with 98K, PA 93K. TX is also one of 4 states that has more jobs now…
Read MoreIn the early ’90s Pfizer patented sildenafil to treat various heart-related conditions. That patent expires in ’12. During clinical trials men taking sildenafil experienced spontaneous erections. This led Pfizer to develop the same drug (Viagra) for ED. Pfizer then applied…
Read MoreOn a 4-quarter trailing basis real GDP growth peaked at 3.2% in Q3 of last year, declined to 2.8% in Q4 and now stands at just 2.3% If that Q3 peak of 3.2% holds, it will be the be the…
Read MoreThe Congress will raise the debt ceiling! There have been 6 Biden Summit meetings (hosted by VP Biden and attended by 3 key players from each party) in the past 6 weeks but 3 are scheduled for this week, the…
Read MoreAccording to the Dept. of Comm. since the recovery began business spending on employees has increased 2%, while spending on equipment and software (E&S) has risen 26%. A spending rebound that divergent has only occurred once–after the ’82 recession. This…
Read MoreThe Triple Crown drought has reached 33 years since Seattle Slew won in ’78 (Secretariat in ’73). Why the dearth? The ’85 tax law changes proved dramatic. Owners no longer could write off racing expenses unless they were involved on…
Read MoreIn April ’10 Obama nominated MIT economist Peter Diamond, to be a Fed governor. Sen Shelby questioned his experience. Moreover, he got all the R’s on the Sen Banking Comm. to vote against confirmation. In Oct ’10 Diamond won the…
Read MoreEver wonder why airfare from Pittsburgh (Pitt) to Las Vegas (LV) is less than from LV to Pitt? If you fly from Pitt to LV you are going on vacation and you have lots of choices. But if you are…
Read MoreA Singaporean investor set a new record for the world’s most expensive champagne by paying $44,000 for a bottle of 1841 Veuve Cliquot. It was salvaged from a shipwreck 165 feet deep off the Aland Islands located between Sweden and…
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