Title : The Up Jones Or The Dow(n) Jones? -- February 10, 2018 -- Weekend Note -- In Progress
link : The Up Jones Or The Dow(n) Jones? -- February 10, 2018 -- Weekend Note -- In Progress
The Up Jones Or The Dow(n) Jones? -- February 10, 2018 -- Weekend Note -- In Progress
This page is in progress. I started it earlier this morning, but now, leaving to watch Sophia at gymnastics and swimming practice.The 100-year Dow(n) Jones Historical Market, link here.
Some observations:
- when was the last time we had a continuing budget resolution that would carry us forward for almost two full years? Good, bad, or indifferent, getting this out of the way, allows Congress to get on with other business, like the Senate confirming federal judges appointed by Trump
- Bernie Sanders got everything he could possibly wish for in that CBR ... and he still voted "no"; Rachel and others need to go through this CBR and look at all the goodies Congress funded; a stimulus bill by another name
- huge story: freight brokers see profits surge on shipping rush
- Amazon says it will take on UPS, FedEx
Stock photo from The WSJ
- Amazon names NBC Entertainment President Jennifer Salke as head of Amazon Studios
- flu fears halt a long decline in orange juice sales (by the way, the price of orange juice is surging due to summer hurricane)
- China signs first long-term deal for US natural gas (previously posted on the blog)
- utilities to pass Trump's tax savings to consumers (actually this is not as good as the headline suggests)
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Weekend Reading For The Beach
Other great stories to savor over the weekend -- scanning the weekend edition of The Wall Street Journal:
- the Winter Olympics, figure skating, and Moulin Rouge: who would have guessed?
- the Winter Olympics, downhill skiing, and Lindsey Vonn: who would have guessed?
- the deadly flu no one saw coming: too focused on global warming? This is not as far fetched as one might think
- another DOJ official steps down; this time the #3 -- she says she's taking her "dream job" -- working for Walmart -- that's only slightly better than #4 who will say he/she is stepping down to spend more time with his/her family; and, #5 who will say she/he is stepping down to teach ethics at Harvard (yes, I know, former FBI director already announced his professorship in ethics at William and Mary)
- forget the 4% rule: rethinking common retirement beliefs
- remember when Ray Dalio said you'd "feel pretty stupid" holding cash? How did that work out? Link here.
- Saudi Prince sells Trump Place Apartment for $36 million; takes huge, huge loss
- Phil Jackson -- yes, that Phil Jackson-- sells co-op in NYC; $200,000 more than purchase price in 2014; $50,000 above asking price (not in The WSJ; from Mansion Global); two-bedroom; looks surprisingly conservative
- Trivago is in the news: I did not know they were a Germany company
- the surprising good news about demographics and the stock market
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Miscellaneous
Speaking of William and Mary, from wm.edu:
William & Mary is the second-oldest college in America. The original plans for W&M date back to 1618 — decades before Harvard — ....
On February 8, 1693, King William III and Queen Mary II of England signed the charter for a "perpetual College of Divinity, Philosophy, Languages, and other good Arts and Sciences" to be founded in the Virginia Colony. And William & Mary was born.Comey will follow in a long line of distinguished William and Mary educators and supporters:
William & Mary has been called the Alma Mater of the Nation because of its close ties to America's founding fathers. A 17-year-old George Washington received his surveyor's license through W&M and would return as its first American chancellor. Thomas Jefferson received his undergraduate education here, as did presidents John Tyler and James Monroe.
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Even More Trivial Items (For The Archives)
Nasdaq to relocated headquarters from downtown Manhattan to Times Square
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Two Books For Today
The Scotch Irish: A Social History, James G. Leyburn, c. 1962
Calculus: a textbook, Hughes-Hallett Gleason, et al
Thus Article The Up Jones Or The Dow(n) Jones? -- February 10, 2018 -- Weekend Note -- In Progress
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