"I hope that we, as a party, would welcome gay and lesbian supporters. I also think there needs to be, in the gay community, robust and bipartisan support [for] marriage rights."
Republican LGBT political advocate Ken Mehlman
From No. 1 Cape Town all the way to No. 52 Niagara Falls, N.Y., explore the vibrant cities and spectacular coastlines, unexpected spots and new attractions that made The New York Times’ list this year.
Meanwhile, In Bitcoin…
Just last week we noted that the cryptocurrency was quietly surging towards record highsonce again…
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Earlier this afternoon, it was Steve Cohen’s final fall from grace. Now, Bloomberg reports that Brazil’s one time super billionaire, and now negativeworthaire, Eike Batista, whose sprawling petroleum empire was once valued in the tens of billions, is set to file for bankruptcy tomorrow.
Continued
(via How Winglets Work - Graphic - NYTimes.com)
Airlines are adopting ‘winglets’ at the end of wings and tails, in an effort to increase flight — and ultimately fuel —efficiencies. Winglets can cut fuel use by as much as 5%.
Airlines have also experimented with other weight reduction practices, like lighter paper in in-flight magazines, and replacing flight manuals with tablets.
Next we’ll see ticketing passengers by weight, since 1/3 of the cost of a flight is fuel.
So far the market has not really been phased by the government shutdown. We have seen a small downturn this week but no large change. However if the U.S. does does not come to a consensus over the Affordable HealthCare Act and we don't raise the Debt Ceiling it could have catastrophic consequences on the economy. Most investors seem to be complacent saying that the shutdown/debt ceiling is not a reason to sell stocks. However, if the U.S. does reach what many think to be a 0% chance scenario where we are unable to pay the interest on our loans it is predicted that the S&P 500 would crash to 850, about a 50% drop. However if we do make it past this Political fiasco the economy may still have juice left to climb. I have written a few times before about KKR, as experts in the market they often provide useful insights. Alex Nevab KKR's co-head of Americas private equity said, "We actually see the economy recovering and has further to go through 2016 or 2017." KKR believes that if we do get past this debt ceiling crisis that the market was not at a low point or a high point and is showing a good environment for growth. Other notable leaders in KKR include former RNC chairman Kenneth Mehlman and General David Petraeus.
http://assetsandmanagement.blogspot.com/2013/10/if-we-ever-get-over-this-political.html
Microsoft Corporation (MSFT) is coming under some selling pressure this morning. The stock is trading lower by 0.60 cents to $38.10 a share. Day trade…
Microsoft Corporation (MSFT) is coming under some selling pressure this morning. The stock is trading lower by 0.60 cents to $38.10 a share. Day traders should watch for intra-day support around the $37.90 level. This is an area where the stock could stage a minor intra-day bounce.
Nicholas Santiago
www.InTheMoneyStocks.com