It’s Happy Hour again, TGIF and all that. Time to kick back relax and enjoy the fruits of your labor. Or a cold one. This roundup is brought to you by Apple Sweatshops, the Super Bowl Indicator, and the ultra low rates of the Fed.
A news story last week introduces the socially responsible side of Apple and its suit of iProducts. Is it okay to buy products made by companies that use labor practices that are illegal in the U.S.? With 37 million iPhones sold last quarter, it certainly seems to be an acceptable practice. But should it be?
The Super Bowl Indicator
The Super Bowl Indicator was something I discussed last year at this time. It states that when a team from the original NFL wins the market goes up and when a team from the original AFL wins the market goes down. The Giants are an original NFL team, the Patriots an AFL team. If you have money in the stock market, you’ve got money on the game. Lets Go Giants!
The Fed Meeting
The Fed meeting statement was released this week. Continue Reading…