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“Today Shapes Tomorrow
Published Every Monday Since 2007       Volume 343    
June 24, 2013
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 Little Laughs!
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?

A Fire-Quacker!!


Knock, Knock…Who is there?Banana…Banana who?  Banana…Banana who?Banana…Banana who? Apple…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 Consumer Goods 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

Bernanke spooks investor

The Federal Reserve Chairman Ben Bernanke comments sent investors running for safety outside of the stock markets.  Chairman said that if economic conditions continue to improve, the Federal Reserve could reduce the pace of bond purchases (Quantitative Easing, also known as QE; read below) later this year, and end it by middle of 2014.  He also suggested that economic risks have diminished since the fall of 2012. 

The DOW closes down 279 points or 1.85%,  the S&P500 was down 38 points or 2.34%, and NASDAQ was down 93 points or 2.69%, week ending June 21th. Oil was also down $4.54 closing at $93.35 per barrel.

What is Quantitative Easing (QE)? 

This is a process used by government Federal Banks to inject large amounts of money (or liquidity) into the economy to stimulate the stalled growth.  This process is used rarely, and when traditional tools available to Federal Banks do not work.  For example, when Federal Banks traditional monetary policy and change in interest rates becomes ineffective to stimulate growth, then Federal Banks can buy (to increase the money in the economy) or sell (to reduce the money in the economy) government bonds.

The first Quantitative Easing, also known as QE1, started mid-2008 after the  last recession due to bad banking loan crisis.  The amount ranged from $600 Billion to $1.25 Trillion. But just a few months later in 2010 Greece debt problem kicked off the real risk of European Union (EU) economy getting impacted by the Greece, Spain, Portugal, Italy, and Ireland debt threat. The Federal Reserve initiated the second Quantitative Easing, also known as QE2, in the amount of $600 Billion.  Then in September 2012, Feds added the QE3 in the amount of $85 Billion every quarter until the economic condition impRoves and unemployment rate is below 6.5%. 

Now Federal Reserve is saying that it needs to put an end to QE3 considering that it sees positive changes in the economy, and also to return to the traditional ways to influence monetary policy.

Read about last interest rate change by Feds. Volume 248  Also read What is Fed Funds rate and Discount rate? Volume 22

Fed Funds Rate unchanged                Discount Rate unchanged at 0.75%


Stays at 0.00 to 0.25%                                         Stays at 0.75%


A fun way to start a Lemonade Stand and Learn about Business too! Volume 126


Thank you for your feedback and comments!

Learn more about…

What is Credit History? Why is it important to have a good credit history? Volume 12.

What is Economy, Business, Workers, Goods, Services, Stock, DOW, S&P500, and NASDAQ in Volume 16.

Does it pay to study hard? Volume 17.

What is Currency and Foreign Currency Exchange rate? Volume 14. What is stronger or weaker currency? Volume 20. What does the dollar slide mean? Volume 32.

How does money grow in a bank? Volume 21.

What is Fed Funds rate and Discount rate? Volume 22

What does the interest rate cut mean for you? What is APR? Volume 23.

How to read stock information? Volume 25.

What is “Black Monday”…Crash of 87”? Volume 31.

Who are CEO, CFO, Shareholders, and the Board of Directors? What is SOX? Volume 33

What does “$4.95 + Tax” means? Volume 47.

What is a Recession? What is a Depression? Volume 48.

What is Mergers & Acquisition (M&A)? What is a Merger? Volume 49.

What is ADR? Volume 62.

What does buying back of shares means? Volume 63.

Why is consumer confidence so important? Volume 64.

A fun way to start a Lemonade Stand and Learn about Business too! Volume 126.

What is Supply and Demand? Volume 177.

We use multiple information resources, such as, news websites, company websites, stock exchanges, newspapers, text books, and other educational resources.

June 17-21, 2013

Weekly Stock Market

Markets Down!





Down 279



Down 38



Down 93


Foreign Exchange Rate

$1 is equal to




Euro (€)

European Union



Yen (¥)




Pound (£)

United Kingdom



Yuan ()




Rupee (Rs.)




anadian (C$)




Your Favorite Stocks


Bought one stock in Jan-13

This week stock is?

Your gain or loss?








$97.23 $7.83