Skip to main content


Number of the Day-12/20/2013

By Uncategorized

1 Billon

Mark Zuckerberg will likely pocket about $1 billion from his first stock sale since Facebook’s initial public offering, part of a complex transaction in which the founder and chief executive also plans to donate stock valued at roughly $1 billion to charity.

(Source: Wall Street Journal)

Baltic Dry Index-Is this a Leading Indicator?

By Uncategorized

Baltic Dry Index-5 Year Price Chart Dec-2013

The BalticDry Index is issued daily by the London-based Baltic Exchange and provides “an assessment of the price of moving the major raw materials by sea”, like, iron ore, coal, grain, cement, copper, sand and gravel, fertilizer and even plastic granules.

Since it targets real-time shipping rates, which fluctuate based on supply and demand, subjectivity can’t creep into the readings. Day in and day out, it provides a snapshot of global economic activity at the earliest possible stage.

Year-to-date, the index is up nearly 230%. It now rests at its highest level since late 2010.

Can this be a sign of global recovery improving in 2014?


Number of the Day-12/18/2013

By Uncategorized


The American Bar Association said on Tuesday that the number of first-year law students fell 11% this year across the 202 U.S. law schools that the group accredits—plunging to levels not seen since the 1970s.

(Source: Wall Street Journal)

Number of the Day-12-17-2013

By Uncategorized

The Energy Department in the U.S. blocked about 2,200 attempts this year by users seeking to get data from its websites in ways that endangered equal access to the agency’s widely followed economic reports.

Whither Inflation?

By Uncategorized

Inflation in the U.S. has been tame. According to the Consumer Price Index (CPI), prices have increased only +1.2% over the last 12 months, below the Fed’s target of 2% inflation. Tame inflation will allow the Fed to remain accommodative for longer.

US CPI-U All Items YoY