Posts

Friday

  Compensation and Living Standards Have Greatly Improved In Recent Years … Mostly from article “What Democrats get wrong about the middle class” - James Pethokoukis, August 2015: Obamanomics and the modern Democratic party are constructed around this core economic claim: “America's three-decade, free-market experiment of tax cuts and deregulation was a failure for the middle class.” Democrats claim from Ronald Reagan through George W. Bush, the 1% got even richer, while the other 99% of us saw incomes stagnate. Stagnationists often point to U.S. Census Bureau data as proof the typical American family is little better off than when Reagan took office in 1981. … Economist Martin Feldstein recently pointed out: “Census data falsely supports the claim the rich has gotten richer and everyone else not so much. Census data shows real median incomes rose just 0.3% annually from the middle 1980s through 2013, or about 10% total. That data looks especially bad when one considers real per pe...
Post a Comment
Read more

Thursday

Image
  Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed. PART 9 The Real Economy in the Long Run Chapter 26 of 36 Saving, Investment, and the Financial System Section 8 of 25 … The financial system consists of various financial institutions that coordinate money flow between savers and borrowers. Financial institutions are grouped into two categories 1 · financial markets, direct finance, including the bond market and the stock market 2 · financial intermediaries, indirect finance: including banks and mutual funds … The two most important financial markets are A · the bond market B · the stock market … B · The stock market - continued When reviewing the stock of any public corporation, you should focus on three numbers: price, dividend, price-earnings ratio. These numbers are widely reported on the internet. Figure A is data for Apple Inc. as of September 7, 2018 (180907) · $223.10 is the stock price on this date · 1.31% is current annual total dividend payout to...
Post a Comment
Read more

Wednesday

  Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed. PART 9 The Real Economy in the Long Run Chapter 26 of 36 Saving, Investment, and the Financial System Section 7 of 25 … From article Why Do Companies Care About Their Stock Prices? Investopedia. Companies live and die by their stock price. Yet mostly they don't actively participate in trading their shares on the securities market. Companies receive money from the securities market only when they first sell a security to the public in the primary market, which is commonly referred to as an initial public offering (IPO). In the subsequent trading of these shares on the secondary market, the stock market, it is public investors buying and selling the stock seeking to benefit from appreciation in stock price. The original company that issues the stock does not participate in any profits or losses resulting from these transactions. This confuses many people. Why then does a company, or more specifically its manag...
Post a Comment
Read more

Tuesday

Image
  Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed. PART 9 The Real Economy in the Long Run Chapter 26 of 36 Saving, Investment, and the Financial System Section 6 of 25 … After a corporation initially issues stock by selling shares to the public these shares trade on stock exchanges. In these stock exchange transactions of its shares the corporation itself receives no money. The most important stock exchanges in the U.S. economy are · the New York Stock Exchange · the American Stock Exchange · NASDAQ, National Association of Securities Dealers Automated Quotation system Most countries have their own stock exchanges on which the shares of local corporations trade. … The prices at which shares trade on stock exchanges are determined by the supply of and demand for the stock. Because stock represents ownership in a corporation the demand for a stock and thus its price reflects public perception of the corporation's future profitability. When people become optim...
Post a Comment
Read more

Monday

  Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed. PART 9 The Real Economy in the Long Run Chapter 26 of 36 Saving, Investment, and the Financial System Section 5 of 25 … The financial system consists of various financial institutions that coordinate money flow between savers and borrowers. Financial institutions are grouped into two categories 1 · financial markets, direct finance, including the bond market and the stock market 2 · financial intermediaries, indirect finance: including banks and mutual funds … The two most important financial markets are A · the bond market B · the stock market … B · The stock market. Another way besides selling bonds for Intel to raise funds to build a new semiconductor factory is selling stock (shares) in the company. Stock represents partial ownership of a firm. It is a claim to the profits the firm makes, paid in the form of dividends. If Intel sells one million shares of stock, each share represents ownership of one mil...
Post a Comment
Read more

Scot and Fumiko pictures and information

Image
  Fumiko Scot's information: Weight at 166 pounds, got to 160 pounds five years ago and have recently been bouncing between 163 and 168. Common sense ways to lose and keep off weight are eat right and light and get lots of exercise. Main exercise is walking, do 1~2 miles most days. Over career worked as a salesman in the steelmaking, fasteners, and auto manufacturing industries, lots of travel in U.S., Canada, Mexico, and Japan. Have visited every U.S. city with a major league, MLB, NFL, NBA, NHL, sports team except Sacramento, have gotten as close as Travis Air Force Base. Often traveled on Sundays, much time on the road so could not eat right and get enough exercise so got heavy, up to 200 lbs. Was on commission and made enough to retire early, able eat good food and get enough exercise. Now spend most time reading and writing. Our Wick branch goes back to the brother of owner of the Wick House at Morristown National Historical Park in Morristown New Jersey, and on back to Staine...
Post a Comment
Read more