The PMI numbers are improving

OK, by now it’s a broken record: Jason sees signs of recovery. Sorry. Some of these numbers need watchin’ and well, due to a horrible chemical accident I don’t have eyelids, so I can’t help but watch. Hah! What the heck is the PMI? PMI is short...

Cisco kid is a friend of mine

After the financial markets closed on Wednesday Cisco reported its fiscal fourth quarter results. While revenues and profits were down, the results were better than expected. What’s more, their CEO, John Chambers said there were signs in the quarter that the...

Cash for Clunkers Is A Massive Success

One of the signs we have been waiting for as a sign of improvement in gross domestic product (GDP), a turn around in car sales, is happening. You may have heard yesterday that Ford disclosed that its sales for July were up compared to last year’s sales. This is...

2nd quarter GDP

Hello everyone, So 2nd quarter GDP figures came out today and were better than expected. GDP declined 1% vs. an expected 1.5% decline. This result is not to surprising, really. For much of the 2nd quarter consumers were upbeat and that usually translates into upticks...