“Lots of people want to ride with you in the limo, but what you want is someone who will take the bus with you when the limo breaks down.”
– Oprah Winfrey
With the holidays just ahead, consider automatic paycheck deductions into an online savings account. These accounts may reap a tidy dividend, and you could have a well of cash to draw from as you shop for gifts.
A rain gauge collects rainfall each day of a wet week beginning on Monday. Every day, the amount of rain in the gauge doubles. At Sunday’s end, the rain gauge is completely filled. So on which day is it half-filled?
Last week’s riddle:
Last week’s answer:
October 3, 2011
AMERICANS SPEND A BIT MORE, EARN A BIT LESS
An IMPROVEMENT IN CONSUMER SENTIMENT
DURABLE GOODS DEMAND HOLDS UP IN AUGUST
SURVEYING THE REAL ESTATE SECTOR
MIXED WEEK CLOSES OUT TOUGH MONTH
THIS WEEK: Monday, ISM comes out with its September manufacturing index and we learn about September auto sales. Tuesday, Fed chairman Ben Bernanke speaks to Congress, the latest Apple iPhone is unveiled and Yum Brands announces 3Q earnings. Wednesday offers ISM’s September service sector index plus earnings from Costco, Marriott and Monsanto. On Thursday, the European Central Bank and Bank of England make monetary policy announcements, Treasury Secretary Tim Geithner testifies in Congress, and new initial claims figures also arrive. Friday, the Labor Department releases the September unemployment report.
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1 – businessweek.com/news/2011-09-30/consumer-sentiment-in-u-s-increases-more-than-forecast.html [9/30/11]
2 – marketwatch.com/story/us-durable-goods-orders-drop-01-in-august-2011-09-28?reflink=MW_news_stmp [9/28/11]
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7 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=10%2F1%2F01&x=0&y=0 [9/30/11]
7 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=10%2F1%2F01&x=0&y=0 [9/30/11]
8 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyield [9/30/11]
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9 – treasurydirect.gov/instit/annceresult/press/preanre/2001/ofm71101.pdf [7/11/01]
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