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# Hospitality industry adds 6,600 jobs, employing more New Yorkers than ever, mayor says
New York City drew 48.7 million tourists in 2010, exceeding last year's total and surpassing projections, while adding more jobs and employing a record amount of New Yorkers in the hospitality industry, Mayor Michael Bloomberg said Tuesday.
-- 39 million visitors were from the United States and 9.7 million were from abroad.
Originally posted by thewholepicture
So when is the media going to realize that this country is much bigger than one or two cities???
“For the stock market, the sweet spot is usually the third year of a presidential term, which is 2011 for the Obama administration. …The stock market often leads the economy, and that seems to be the case in presidential cycles. The fourth year, on average … the most economic growth.”
The report continued: “In the years from 1946 through 2009, 62% of the American economy’s growth came during the final two years of presidential terms, compared with 38% in the first two years. A third of the growth came in the fourth years.
”The stock market pattern was even more marked,” the story concluded. “An investor who owned stocks during the third years of terms, and stayed out of the market during the other years, would have earned profits more than twice as great as those that went to an investor following the opposite strategy, owning stocks in all but the third years.”
The Art of Speculation
By Howard Katz
Nov 29 2010 10:58AM
As the above history shows, you live in a society surrounded by and immersed in lies. This is bad for most of the people, but for the astute speculator who is willing to question authority it is an opportunity. - Full Text
Long time contributor Howard Katz Passes Away
By Kitco Media
Jan 6 2011 8:32AM
According to an obituary in New Hampshire’s daily newspaper, NashuaTelegraph, Howard S. Katz, a long-time commentator on Kitco.com passed away on Dec. 23, 2010 at the age of 72. Howard was a financial analyst and editor-in-chief of The One-Handed Economist and the former Gold Bug Newsletters. He was born in Providence, and had lived in New Hampshire for 10 years. - Continues