Penny Stock? Hardly One of the, umm . . . downsides of sporting a 3-digit share price is that the gyrations are bigger, too (at least nominally). So, Google’s stock dropped $68 a share today immediately after disclosing that their latest quarterly earnings were disappointing. Make that, before they disclosed their quarterly earnings disappointment (their financial...Read More
New Housing Starts Pop The most prominent (bullish) article on the housing market to date? The headline (above) in today’s Star Tribune, covering the 13-county Twin Cities metro area. For context, the seasonally adjusted rate of 872,000 units reflects an 83% increase from the 2009 recession low, but is still well under the 2007 peak of...Read More
You knew the Modern Family writers — authors of one of the more inspired sight gags I’ve ever seen — were up to something with the oddly captioned bus bench (below): Sure enough, later in the episode, Phil’s Father-in-Law, Jay, manuevers Phil into this rather compromising shot: Spoiler alert (kind of): one the story’s sub-plots...Read More
