Feb 11
From HotelNewsNow.com: Super Bowl XLIV boosts Miami weekly performance Overall, the U.S. industry’s occupancy ended the week virtually flat with a 0.8-percent decrease to 48.4 percent, ADR [average daily rate] dropped 4.8 percent to US$95.34, and RevPAR [revenue per available room] fell 5.6 percent to US$46.14. The numbers are a comparison to the same week in 2009
Here is the Economic Forecast from the Economic Report of the President . The last column is average payroll jobs per month per year. Click on table for larger image in new window.
Scroll down for a summary of last week and a look ahread (or click here ). First, via NPR: The Super Bowl Stock Market Predictor The Super Bowl Stock Market Predictor holds that if a team from the old NFL wins, the market will rise in that year; if a team from the old AFL wins, the market will fall. Both the Colts and the Saints qualify as “old NFL”, so that is bad news for the bears! Second, from Bloomberg: Greenspan Says Unemployment Not Likely to Fall Soon Former Federal Reserve Chairman Alan Greenspan said it is “very difficult” to see U.S
I just finished watching Jon Stewart’s almost completely satisfying conversation with Jim Cramer on Hulu. Stewart chastised Cramer for taking Wall Street CEOs and others who abuse the stock market at face value and in turn for not looking behind their misleading statements to report the real story of how Wall Street turns a profit. He said rightly that knowing more about the house of cards that is Wall Street would have helped investors make better decisions.
