Posted on 07/20/2014 4:02:51 PM PDT by expat_panama
Year-to-date wrap-up time.
General markets varied a lot but right now they're all together at 5-10% up so far. Actually that's pretty good as it represents a 5-year doubling time.
click to enlarge |
A closer look at stock indexes so far this year are showing roughly the same track but my dim eyes are somehow seeing us having a plateau for the past 3 weeks. That's usually a good sign; witness the run-up after the mid-April basing.
click to enlarge |
.As Torch says, "Discuss".
|
This is the thread where folks swap ideas on savings and investment --here's a list of popular investing links that freepers have posted here and tomorrow morning we'll go on with our--
Open invitation continues always for idea-input for the thread, this being a joint effort works well. Keywords: financial, WallStreet, stockmarket, economy. |
“The SEC’s Going After S&P. “The parent of Standard & Poor’s, which is defending against a $5 billion lawsuit by the federal government over its credit ratings, said on Wednesday it may soon also face U.S. Securities and Exchange Commission charges over another set of ratings,” reported Reuters’ Jonathan Stempel and Sarah Lynch. “In a regulatory filing, McGraw-Hill Financial Inc said it received a “Wells notice” on July 22 indicating the SEC is weighing filing civil charges for alleged securities law violations over S&P’s ratings of six commercial mortgage-backed securities transactions issued in 2011.”
Willie Sutton would be envious.
Didn’t we do that chart? Initial claims as a percent of the workforce?
What’s the scoop on going after Standard and Poors? Political?
I read somewhere today that Facebook was real close to passing IBM’s market cap. Sure enough yahoo puts IBM at 194.85B and Facebook at 192.42B. I find this amazing. IBM has 431,212 employees, Facebook 6,818. There is no doubt in my mind that investment wise Facebook has more potential I just don’t completely understand why.
IBM
http://en.wikipedia.org/wiki/IBM
Facebook
http://en.wikipedia.org/wiki/Facebook
It brings to mind how a couple decades ago everyone was amazed that Microsoft's marketcap was bigger than GM --how one office bldg in Wash. could be do more than aallll those factories.
The way the world's wealth creation has been evolving is that while factories and labor are nice, it's information that makes the difference. Come to think of it, that's the way it's always been...
Happy Friday Morning everyone! Yesterday saw both metals'n'stocks flat but now the futures guys say it's stocks down and metals up. This week's reports are wrapping up w/ durable orders this morning. Headlines from the One-Outa-20-Believable news service:
Durable goods up .7% Vs .5% estimate.
yet indexes are down a percent. We’re either ignoring the news or it’s “good-news=higher-rates=bad-news” time again.
Some GREAT charts in here: http://www.businessinsider.com/bi-most-important-charts-in-the-world-2014-7?op=1
thanx, thinking I’ll have to add it to the freeper/investor page..
Just read the New York Times’ article "The Typical Household, Now Worth a Third Less".
http://www.nytimes.com/2014/07/27/business/the-typical-household-now-worth-a-third-less.html?_r=0
Bottomeline:
Median Household was worth about $88,000 in 2003 and 10 years later worth only about $56,000. Add to that a decrease in median income of a few thousand dollars and life has not improved much.
On top of that is seems this economy is making many part time jobs while full time jobs are harder to come by.
http://advisorperspectives.com/dshort/commentaries/Full-Time-vs-Part-Time-Employment.php
http://seekingalpha.com/article/1543592-full-time-versus-part-time-employment-a-closer-look
But maybe people are feeling happier. People feel what they feel.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.
