8/25/08

Economics

The Bureau of Labor Statistics has altered the methodology for computing the consumer price index. Here is an analysis of the affect of those changes:

http://mjperry.blogspot.com/2008/08/does-inflation-from-old-vs-new-cpi.html

This bit of economic analysis (on the credit crisis) is a bit long but worth the read:

http://bigpicture.typepad.com/comments/2008/08/the-narrowing-e.html

Credit derivative exposure at US banks:

http://econompicdata.blogspot.com/2008/08/derivative-exposure-at-commercial-banks.html

Recession. We are not there yet:

http://mjperry.blogspot.com/2008/08/reality-check-dude-wheres-my-2008.html

A look at wage inflation (or the lack thereof):

http://mjperry.blogspot.com/2008/08/wage-price-spiral-not-even-close.html

Politics

Domestic

Coburn to slam wasteful spending at Republican convention:

http://thehill.com/leading-the-news/coburn-to-slam-wasteful-spending-at-gop-convention-2008-08-21.html

Obama’s connection to Bill Ayers (the terrorist) is just starting to get real attention from investigative bloggers. It has the potential to be a Edwards/Reille kind of story/scandal. Here is the opening shot:

http://www.americanthinker.com/2008/08/bill_baracks_excellent_adventu.html

International War Against Radical Islam

The Market

Technical

Chart porn on money flow into/out of stocks:

http://traderfeed.blogspot.com/2008/08/money-flowing-out-of-stocks.html

Fundamental

Subscriber Alert

While I am a little confused by the performance of the Averages, our Price Discipline give us firm guidelines in our Buy/Sell decisions. Friday the stock price of Proctor & Gamble (PG-$72) traded into its Sell Half Range. Accordingly at the Market open this morning, the Dividend Growth Portfolio will Sell sufficient shares to bring this holding down to a normal 3% position.

http://finance.yahoo.com/q?s=PG

More from Cramer on housing:

http://www.thestreet.com/p/_htmlrmm/rmoney/jimcramerblog/10434321.html

News on Stocks in Our Portfolios

A positive write up on Suncor Energy (Aggressive Growth Portfolio):

http://www.thestreet.com/s/technical-outlook-suncors-shining/newsanalysis/technicalanalysis/10434393.html?puc=_htmlbtb

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