This Student Debt Relief Program Will Cost Taxpayers at Least $39 Billion
http://www.bloomberg.com/news/features/2015-08-06/asking-everyone-s-rich-uncle-to-pay-for-school
Traders Have Disappeared From the Gold Market
http://www.bloomberg.com/news/articles/2015-08-06/traders-have-disappeared-from-the-gold-market
Art, Not Sotheby’s Profit, at Records in Fight for Works
http://www.bloomberg.com/news/articles/2015-08-08/art-not-sotheby-s-profit-at-records-in-fight-for-works
Inside Shell’s Extreme Plan to Drill for Oil in the Arctic
http://www.bloomberg.com/news/features/2015-08-05/inside-shell-s-extreme-plan-to-drill-for-oil-in-the-arctic
What Congress Didn’t Do Before Summer Vacation
http://www.wsj.com/articles/what-congress-didnt-do-before-summer-vacation-1438972226
Required Reading Of The Day
Fox News’ GOP Debate Captures 24M Viewers Rule Would Impel Big Funds to Strengthen Controls Kabul Suffers Deadliest Day of Attacks in Years U.S. Adds Fewer Jobs than Expected in July Pentagon Sizes Up Email Hack of Its Brass
Kerplunk Goes the Market
“Kerplunk Goes the Market” By Gary Kaltbaum-August 10,2015 @GaryKaltbaum garyk.com Kerplunk: The object: try not to lose your marbles. Ker-Plunk takes a steady hand, as you skillfully remove the sticks from a marble-filled tube. A clear plastic tube is filled with marbles, which are supported by crisscrossing sticks inserted through the tube. Each player takes a turn…
Obamanomics!
SOURCE: https://www.investors.com/editorial-cartoons/michael-ramirez/764510-recovery
Investor’s Edge: 08/07/2015
Investor’s Edge: 08/07/2015
Good & Bad For The Week
Good Motor Vehicle Sales rose to 14.2M, beating estimates for 13.6M In the US, personal income rose 0.4%, beating estimates for 0.3% Gallup US Consumer spending measure rose to $91, beating estimates for $90 Factory orders rose by 1.8%, beat estimates for 1.7% The PMI service index rose to 55.7, beating estimates for 55.2 The…