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Knock...Knock...Who is there? FedEx...FedEx who? FedEx will be there tomorrow!
What is the worst kind of cat? CAT-astro-phe !
What do you get when you cross snowman with vampire Frost-Bite.
What kind of Bill can you breath? Billionaire.
Why did Dino go to the hospital?
Because he was (Dino) "Saur".
How do you make eleven even?
Take away the "el."
How do you make seven even?
Take away the "s"
Why did the chicken cross the railroad track?
Because it wanted to get to the Chick train.
What is a duck on the 4th of July?
Knock, Knock...Who is there?Banana...Banana who? Banana...Banana who?Banana...Banana who? OR-ange...Aren't you glad I didn't say banana?
Are you 5?
No! I am not 5! I am 4.95 plus shipping and handling!
Knock knock...Who is there? Panther!Panther, who? PantH-or-no-PantH I am going Thwiming!
Laughs above are credited to kids and various sources.
Business fun facts!
Over $18 Trillion a year is spend on ConsumerGoods worldwide.Women account for almost two third of it. Just think about this women power!
Did you know the ancestry of American people?It is a melting pot of immigrants from all over the world.This trend continues today.These immigrants make the America great, including best in business.
There are over 300 million Americans.Ancestry of Americans include approximately Germans over 14%, African American 12%, Irish 12%, English 8%, Mexican 8%, Italian 6%, Hispanic 5%, French 4%, Polish Scottish, Dutch, Norwegian, Scotch-Irish, Native American, and Swedish are between 1-3% but add up to 11%.The rest are from other countries.
About US housing
At the end of 2008 approximately 7 out of 10 people in the US owned a home. The US population is over 300 million.
In 2008, $3.3 Trillion was the total loss in value for the US housing market. In early 2006 housing market value was close to $9.4 Trillion.
Not so fun fact…there are over 15 million home owners with questionable mortgage loans.Experts believe that 2/3 or over 10 million have potential of foreclosure...but this number is going down
Over 55 million kids (3 yrs and older) go to pre-K to 12th grade
Public schools 50.1 million or 91% and Private schools 4.9 million or 9% of the total
Close to 22 million go to US colleges
Close to $80 billion is spent by families in August to get ready for the school
Source: National Center for Education Statistic (2015), Business websites, such as CNNMoney, Yahoo Finance, and other educational websites
The DOW bounces around
The DOW closed up 183 points or 1.11%, the S&P500 was up 24 points or 1.21% and NASDAQ was up 4776 points or 10.95% week ending Aug 28. The DOW is Year-To-Date down by -6.6%, S&P500 is down -2.4 %, and NASDAQ is up 1.4% for the year. Oil got a boost on expectation that world economic growth may continue and therefore the oil demand will increase. Oil was up $4.98 or 3.40% to $45.26 per barrel.
The real news was the roller coaster ride of the global stock markets. In the last two weeks the DOW lost close to 1900 points or 11% of its value but then climbed back late in the week by almost 1000 points or 6%. Investors sold stocks on global economic worries. Most investors were worried about the Chinese economy which has been struggling. China is the 2nd largest world economy and its slow down impacts rest of the world. The U.S., world largest economy, remains strong and continues to show positive growth trends but oil price drop is seen as yet another concern for the global economy. The lower oil price is a good news for consumers but it impacts the oil and related businesses. Most oil experts think that oil prices will continue to decline further which is a concern for the global economy.
Better than expected GDP data - The U.S. GDP grows by 3.7% in the 2nd quarter of 2015
Source: US Bureau of Economic Analysis
The U.S. government reported that the 2015 2nd quarter Gross Domestic Product (GDP) grew at 3.7% annual rate. The 1st quarter GDP was just 0.6%..
The 2nd quarter GDP news is a very positive sign which supports the argument that US economy is growing at a sustained pace. The consumer spending during Q2 remained strong. It is about 2/3rd of the U.S. GDP and because of that a major factor in the 2nd quarter strong growth. The GDP is the key measure of economic growth, such as, Goods and Services produced by the nation. Below 3% is considered modest growth.