Wednesday, February 20, 2013

Morning Journal--Our inefficient education system

 News on Stocks in Our Portfolios courtesy of Seeking Alpha
Genuine Parts (GPC): Q4 EPS of $1.03 beats by $0.10. Revenue of $3.12B (+3.5% Y/Y) misses by $70M.
Medtronic (MDT): FQ3 EPS of $0.93 beats by $0.02. Revenue of $4.03B (+3% Y/Y) in-line.

Economics

   This Week’s Data

            Weekly mortgage applications fell 1.7% while purchase applications dropped 2.0%.

            January housing starts fell 8.5% versus expectations of a 4.3% decline.

            The January producer price index rose 0.2% versus estimates of + 0.3%; ex food and energy, it was up 0.2% in line with forecasts.

   Other

            When government policy results in inefficient markets (medium):

            The unintended consequences of currency devaluation (short):

Politics

  Domestic

More on the poor economic, social policy of student loans (3 minute video):

And colleges with the highest student loan default rate (medium):

On the real success of pre-school education funding (medium):

Guns and pensions (medium):

Mark Steyn on the SOTU (medium):

  International War Against Radical Islam

            Will the trouble in Mali spill over into Nigeria (medium):

No comments:

Post a Comment