Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: rdkflorida2 who wrote (247)

9/26/2013 12:53:32 PM

From: Kirk ©

Respond to of 26433

3rd GDP Estimate for Q2-2013 unchanged at 2.5%.

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 2.5 percent in the second quarter of 2013 (that is, from the first quarter to the second quarter), according to the "third" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 1.1 percent.

The full text of the release on BEA's Web site can be found at www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm

Real personal consumption expenditures increased 1.8 percent in the second quarter, compared with an increase of 2.3 percent in the first. Durable goods increased 6.2 percent, compared with an increase of 5.8 percent. Nondurable goods increased 1.6 percent, compared with an increase of 2.7 percent. Services increased 1.2 percent, compared with an increase of 1.5 percent.

To: rdkflorida2 who wrote (247)	10/2/2013 11:44:04 AM
From: Kirk ©	Read Replies (1) \| Respond to of 26433

Education Myth. This is a reply to someone who commented on my article SPY 2.2% Off Record High While ECRI's WLI At 3-Year High We don't have an Employment Problem. We have a Skills Problem. Too many out of work people don't have the right skills. You'd think the Government would be opening training centers to match up the unemployed where there are labor shortages. Excellent point! I think the trouble is there is more votes in throwing money at those who don't want to work or study hard to learn a career that pays well than there is in fixing what is wrong with the country. Too many think "getting a college education leads to a good job" which is actually putting the horse before the cart. The truth is those who work hard to get a degree in a difficult subject with job prospects (like engineering or biotech) make great employees for any field but those who go to college to get a degree in under water basket weaving so they have a degree to put on their resume are people most want to avoid hiring. The politicians haven't figured this out yet so they saddle up kids with massive student debt for worthless degrees while taking political contributions from the Education Mills that churn out the worthless degrees to get the money backed by taxpayers..

To: rdkflorida2 who wrote (247)	12/12/2013 10:51:39 AM
From: Kirk ©	Respond to of 26433

Too bad we don't have the poll feature here. I'd ask "Will Boeing stay in Washington?" Union makes contract offer to Boeing to keep 777X in Washington. BA) to try to persuade the aircraft manufacturer to build the latest version of its 777 aircraft in the Seattle area. However, despite two days of talks, the sides are not close to an agreement. Boeing has been the subject of offers from numerous states about the site for constructing the 777X after the Seattle-based machinists turned down an eight-year deal last month. The union did not disclose any of the terms of its Wednesday offer, which seeks to secure 777X wing fabrication and final assembly work. () Boeing said it has no comment. Last month, the machinists soundly rejected an eight-year labor contract extension that would have let them build Boeing's newest jetliner in Washington, a decision that could forever alter the course of Boeing's 97-year presence in the state. The union expects Boeing to respond to the offer on Thursday, said Tom Wroblewski, president of Machinists Union District Lodge 751..