Morning Journal--the value of 'surprise' indices

 News on Stocks in Our Portfolios

Walgreen misses by $0.01, misses on revenue

·         Walgreen (WAG): FQ2 EPS of $0.91 misses by $0.01.

·         Revenue of $19.61B (+5.1% Y/Y) in-line.

 

Economics

   This Week’s Data

            The US March flash PMI was reported at 55.5 versus expectations of 56.9.

            http://blog.yardeni.com/

   Other

            The value of economic ‘surprise’ indices (medium):

            http://www.minyanville.com/business-news/markets/articles/Economic-Surprise-Indices-Offer-No-Value/3/24/2014/id/54260

Politics

  Domestic

The sad truth about politics in education (2 minute video):

http://www.clubforgrowth.org/perm/?postID=16267

More on your tax dollars at work (short):

http://www.zerohedge.com/news/2014-03-24/eric-holder-doj-spent-millions-taxpayer-dollars-unreported-personal-travel

  International

            Latest from Ukraine (medium):

            http://www.zerohedge.com/news/2014-03-24/ukraine-leader-new-leaked-recording-8-million-russians-ukraine-must-be-killed-nuclea