Friday, June 04, 2010

Global Finances 04 June 2010

Things aren't really looking very well, judging by the world markets widget you'll find nestled in this blog's sidebar. There are problems.

Wall Street ended the week on a downer.

Exchange Last Change

United States Stock Market DJIA® *

United States Stock Market Nasdaq

United States Stock Market S & P 500

The Gulf Oil Spill situation is worsening. The pictures on the evening network news were quite disheartening, with the wildlife affected, and the gooey tar now appearing on the white sandy beaches of Florida.

The new US jobs / unemployment report is flawed. Although the numbers look good on paper, the "new" jobs are mostly temporary census jobs, and many unemployed are now going uncounted after having been out of work for way too long. If you have a job, take a moment RIGHT BOW and give thanks. For every one of you there are three or four who are not so blessed.

And I haven't even touched on the International scene...

Murphy's Law ::: just when you think nothing else can go wrong, it will. I'm not going to go deep into analyzing the problems, at least not this particular post. The silver lining (as I have stated in a previous article) is that the oil industry's plan to raise gasoline prices at the pump to about USD$3.50 a gallon has been effectively thwarted, thanks to the oil spill, which demonstrates how rich just one well can be, and just how rich companies like BP are. Gas at one of my local station is $2.80 tonight! Big Oil doesn't dare raise the prices until they get that spill capped, contained and cleaned up!
Show Comments: OR

No comments:

Post a Comment

Per comment rate: $2
Payable by either clicking the BitCoin "tip me" button or the PayPal "donate" button in the sidebar.

Because, like the fine publication Tablet, whom I borrowed this concept from, I too am committed to bringing you the best, smartest, most enlightening and entertaining reporting and writing I'm able to provide, all free of charge. I take pride in my loyal readership, and I'm thrilled that you choose to engage with me in a way that is both thoughtful and thought-provoking. But the Internet, for all of its wonders, poses challenges to civilized and constructive discussion, allowing vocal—and, often, anonymous—minorities to drag it down with invective (and worse).

I'm asking people who'd like to post comments on my blog to pay a nominal fee—less a paywall than a gesture of your own commitment to the cause of great conversation. All proceeds go to helping me bring you the provocative and/or entertaining articles that brought you here in the first place.

Readers can still interact with me FREE of charge via Facebook comments and Google+ comments! You can also reach me via Twitter @davelucas

I hope this new largely symbolic measure will help create a more pleasant and cultivated environment for all! Those of you who choose to contribute, thanks for your support.


Your comment will appear after you have made your donation.

All IP addresses are logged.

Your comment will not appear immediately as all messages are vetted before publication.

PS - Any more questions? Check out my Policy & Terms of Use FAQ!

Related Posts Plugin for WordPress, Blogger...
Web Analytics