Here we are on the last day of 2018, and it’s unclear to me how the year should be filed. It started off on a tear. Before reaching the end of January, the Dow Jones Industrial Average (DJIA), a mathematical index comprised of just 30 publicly traded companies which cannot be invested in directly, reached a record level. Put it down in the history books.
Industrial Production surged in November according to the Federal Reserve. Their measure of all physically produced wares jumped 0.6 percent after a downwardly revised count of minus 0.2 percent (originally +0.1 percent). During the past twelve months, this indicator is up 3.9 percent.
The movie Crocodile Dundee was released in 1986, over 32 years ago. A quote from the flick popped into my head a few days ago when listening to a podcast mentioning the Australian economy. In the movie, the lead character (played by Paul Hogan) is held up at knifepoint by a few would-be muggers. Ultimately, he pulls out his Bowie knife (which is significantly
The movie Crocodile Dundee was released in 1986, over 32 years ago. A quote from the flick popped into my head a few days ago when listening to a podcast mentioning the Australian economy. In the movie, the lead character (played by Paul Hogan) is held up at knifepoint by a few would-be muggers. Ultimately, he pulls out his Bowie knife (which is significantly larger), and the
America’s trade deficit continued growing in October 2018 according to data from the Bureau of Economic Analysis. The most recent deficit grew to $55.5 billion from the upwardly revised count of $54.6 (originally $54.0 billion). In the period, exports declined $300 million while imports increased $600 million, causing the shortfall to reach a 10-year high.
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