vt, Theory of Uncle Ben and Aunt Yell was QE will restore the corporate balance sheets (refinance their loans with free money) and goose up assets (fatten wall street). Once they are bloated to excess, a few coins will trickle down to the middle class.
Grum and Kit did it all wrong. Work won't get you rich:
A young man asked an old rich man how he made his money. The old guy fingered his worsted wool vest and said, "well, son, it was 1932. The depth of the great depression. I was down to my last nickel."
"I invested that nickel in an apple. I spent the entire day polishing the apple and, at the end of the day, i sold the apple for ten cents. The next morning, I invested those ten cents in two apples. I spent the entire day polishing them and sold them at 5:00 pm for 20 cents. I continued this system for a month, by the end of which I'd accumulated a fortune of $1.37."
"Then my wife's father died and left us two million dollars."
Always nice to have dry powder of course. Volatility is primarily from hedge funds and HF traders. Doubt that 401Ks/IRAs are liquidation after tasted 30% gain last year and 12% before that.
Flying for hundreds of miles is based on autopilot ... and that the plane's transponder was defective or manually turned off !
Conjecture is suicide flight by pilots to collect life insurance. What's weird is why no passengers called on their cell phones?
So, need to find the wreckage and/or black box beacon before battery juice runs out.
You missed a few headwinds.
Market has gone up without a correction for too long. Nothing goes straight up.
QE is ending this fall...
Zero rate is coming to an end as well.
China slowing down.
PIIGS are still struggling.
Majority of consumers had no money as income all goes to top 10%.
Rep. Zoe Lofgren, D-Calif., defended Obama and said Republicans weren't satisfied with a "do-nothing Congress," they wanted to "have a do-nothing president."
Under the bill, the House or Senate would have a fast track for any civil lawsuit against the president if that president "failed to meet the requirement of Article II, section 3, clause 17, of the Constitution of the United States to take care that a law be faithfully executed."
Once litigated in district court, any appeals would be decided by the U.S. Supreme Court.
lang, 9% is much better than mine though I also am eating oiut low single digit gains even after this morning's ugly showing. Now we have to face downside pressure when G-7 begins to sanction against Putin when he decides to occupy Chrimea after coming Sunday's vote.
FT. LAUDERDALE, Fla.--(BUSINESS WIRE)-- Puget Technologies(PUGE) announced the selection of the first group of brand ambassadors and plans to ship the IdeaWerk high performance 3D printers to the members of the group as part of a program designed to solicit user experience and feature development feedback.
The Weistek USA Brand Ambassador Program selected enthusiasts from the core segment of the “maker culture” who will not only embrace the ambassador representation, but also share their unique insights, designs and creative insights. The program was established to provide “maker to manufacturer” feedback in preparation of the printer’s North American release.
Giving SMBs a competitive edge, the new HP Officejet Pro 8630 e-All-in-One, HP Officejet Pro 8620 e-All-in-One and HP Officejet Pro 8610 e-All-in-One offer high-quality color printing for up to 50 percent lower cost per page compared to color laser printers.(2) Additionally, the new devices help SMBs increase productivity with easy printer management through HP Web Jetadmin(3) and streamlined content organization and access through the cloud with HP Flow CM Professional.(4)
The suite of new HP Officejet Pro printers are eligible for HP Instant Ink, HP's ink replacement service that can save customers up to 50 percent on ink.(5) With HP Instant Ink, customers can enroll in one of three monthly plans allowing the printer to order Original HP replacement cartridges before the ink runs out.(6) The plans are based on the number of pages printed, not cartridges used, and customers pay a low monthly fee whether printing high-quality black and white, color documents or photos.
MARKET WIRE 4:45 AM ET 3/10/2014
Olay Spotsticker was right:
AUSTIN, TX -- (Market wired) -- 03/10/14 -- HP -- HP Autonomy today launched Aurasma 3.0, which expands on the world's leading augmented reality (AR) platform by making it even easier for customers and partners to build powerful AR experiences, segment and target content by audience, and drive deeper integration with social media networks.
In the last few years, AR has transitioned from an emerging, experimental technology into a core component for companies on the leading edge of digital marketing. HP Aurasma delivers compelling, measurable business results -- in the form of greater mobile engagement, customer conversions and click-through rates. As a result, the HP Aurasma business continues to generate strong momentum and now has more than 40,000 customers, double its total customers from six months ago.
To help businesses and digital marketing agencies accelerate the creation and delivery of powerful mobile experiences, HP Aurasma 3.0 includes several significant enhancements and new capabilities
HP 8 1401 Tablet
Suggested retail: $169.99 ($155.80 resellers)
HP is slowly building out its collection of Android tablets, quietly introducing the HP 8. The HP 8 is a moderately priced slate with good looks, but somewhat underwhelming specs that fall shy of its $169.99 price tag.
Physically, the tablet is nicely sized and attractive. It measures 7.8 by 5.3 by 0.31 inches and weighs 0.69 pounds. I like the white and silver finish, which looks a little less generic than the company’s line of Slate tablets. The 7.85-inch IPS LCD, on the other hand, features just 1024 x 768 pixel resolution, which works out to a grainy 163 pixels per inch. The HP 8 is somewhat underpowered as well. It’s running on a quad-core chip from Chinese company Allwinner, which is something you don’t see every day. It has just 1GB of RAM, and 16GB of storage, though there’s a microSD card slot expandable up to an additional 32GB. The 3,800mAh battery is a bit small for the screen size.
The location of the pet food store is in Oakland, across from San Francisco:
There also is Paws and Claws in the Dimond District, Canine Comforts in Jack London Square, and Pet Food Express and PetVet Petfood in North Oakland. Some foods are grain- and corn-free, ingredients that can cause allergic reactions in some animals. PetVet, which began 30 years ago as a veterinary clinic, sells medically prescribed foods for animals with health problems.
At Pet Food Express in the Rockridge Shopping Center (in North Oakland), well-heeled customers spend up to $110 for a 4-pound bag of K9 Natural dog food. Freeze-dried and fresh refrigerated raw meats are also available. A 5-pound roll of fresh venison or bison costs just under $40. Or maybe your pet would prefer duck, rabbit or venison meat medallions, 4 pounds for $21 to $27. A 30-pound bag of dried food costs about $100.
No neighborhood is immune. A vintage mission-style house across the street from the home of the late Steve Jobs was torn down by a software executive who bought it in October 2012 for $9 million with plans to build a new house on it. Later, the executive changed his mind, and sold the property for $11.4 million.
The lot comes with approved plans for a one-story, 6,000-square-foot home with a 5,570-square-foot basement for a total of 11,635 square feet.
Investors are responsible for some of the scrapped lots.
Mark Wong, an agent with Alain Pinel Realtors in Saratoga, said a Cupertino tear-down that costs $1.2 million can be replaced with a 3,500-square-foot custom home for about $1.9 million, he said. "Eventually, they can sell it for $2.5 million to $2.6 million and make $500,000 to $600,000 profit in 6 months or less. Not a bad return, and they will repeat this flip process over and over again."
And nearly 3 more years to go after nearly 2000 mornings already.
and zero fed rate.
Job gains of 175K beat forecasts; UE rate up to 6.7%
February Nonfarm Payrolls: +175K vs. consensus +154K, +129K previous (revised from 113K).
Unemployment rate: 6.7% vs. 6.6% consensus, 6.6% previous.
Maybe most surprising in today's report is the 0.4% increase in average hourly earnings, the biggest gain in nearly a year.
The labor force participation rate is flat at 63% - it was 63.5% a year ago. The employment-to-population ratio is flat at 58.8% - it was 58.6% a year ago.
You do know that it was rather ~$125K and not ~225K because of demographic changes right?
" ... it takes 225K new jobs per month to keep up with the growing workforce ... "
we can do better if the obstructionists would pass the infrastructure job bill pronto:
Jobless Claims down 26K to 323K
Initial Jobless Claims: -26K to 323K vs. 338K consensus, 334K prior revised (349K prior).
Continuing claims -8K to 2.91M.
What's wrong with these private firm that seems to be so very wrong so often; they are supposed to be based on hundreds of thousands of payroll checks cut !!!
Recent ADP job gains revised lower, but others pushed higher
Today's ADP jobs release (+139K in February vs. 150K expectations) is notable for major revisions to previous numbers, with the most recent months revised sharply lower as those months further back are revised significantly higher.
Originally reported as a gain of 175K, January is cut to 127K.
December cut to 191K from 227K, November raised to 245K from 215K, October to 196K from 130K, September to 215K from 166K.