Monday, August 6, 2012
However, you enter a chaotic, fun-house world of uncertainty once you ponder the logical follow-up question: "When?"
The $OEXA200R (the percentage of S&P 100 stocks above their 200 DMA) is a technical indicator available on StockCharts.com used to accurately forecast conservative entry and exit points for the stock market.
Philip Morris Is Still a Smoking Hot Investment A long-term dividend stock play for income investors
The spin-off was orchestrated in an effort to separate international operations from regulation and litigation risk in the US.
Philip Morris International has managed to boost distributions in each year since the spin-off. Quarterly distributions have increased from 46 cents/share in 2008 to 77 cents per share in 2011. I expect low double digit growth in distributions over the next five – ten years. This will be driven by strong performance by company’s brand name products globally, which will drive profitability higher.
The growth in earnings per share will be driven by several factors. The company expects to generate 10% to 12% annual growth in earnings through its cost reduction programs, acquiring companies internationally as well as innovating in growing markets in order to position itself favorably. (more)
Brad Plumer recently posted an article at the Washington Post's Wonkblog entitled "July jobs report: Why the unemployment rate just won't budge."
Plumer was responding to a report from the Bureau of Labor Statistics that the US economy added a disappointing 163,000 jobs in July. The unemployment rate traveled up from 8.2 percent to about 8.3 percent.
In this article, I want to show why a much deeper discussion should be taking place.
But first, I'll examine several issues around which the current "mainstream" debate is occurring.
It is, to be sure, a kind of dominant social theme, of course ... that the White House is engaged in frantic efforts to reduce the unemployment problem in the United States and that Obama's re-election chances hang in the balance.
Plumer has decided, presumably with the approval of his editors, that Congress and government are not doing enough to help the economy. That's why unemployment remains "stubbornly" high. (more)
The first one features the Dow:Gold ratio.
|MONDAY, AUG. 6|
|2 pm||Senior loan officer survey|
|TUESDAY, AUG. 7|
|10 am||Job openings||June||--||3.6 mln|
|3 pm||Consumer credit||June||--||$17.1 bln|
|WEDNESDAY, AUG. 8|
|8:30 am||Unit labor costs||2Q||0.6%||1.3%|
|THURSDAY, AUG. 9|
|8:30 am||Weekly jobless claims||8-4||368,000||365,000|
|8:30 am||Trade deficit||June||-$47.6 bln||-$48.7 bln|
|10 am||Wholesale inventories||June||--||0.3%|
|FRIDAY, AUG. 10|
|8:30 am||Import price index||July||0.0%||-2.7%|
|2 pm||Federal budget||July||--||-$60 bln|