Why Travel Agents Are Back From The Dead (And Why You Should Care)

Hickey and Walters (Bespoke) submit: The DJIA crossed 10,000 to the upside today after breaking below that level yesterday. If it seems like 10,000 has been one of the most 'magnetic' 1,000 point thresholds, you are close to being right. In the table below we highlight how many times the DJIA has crossed above different 1,000 point thresholds.

Recent moves by Japan's two largest automakers suggest that the electric car, after more than 100 years of development and several brief revivals, still is not ready for prime time - and may never be. In the meantime, the attention of automotive executives in Asia, Europe and North America is beginning to swing toward an unusual but promising new alternate power source: hydrogen.

By Kofi Bofah:Microsoft (MSFT) as dead money is painfully redundant terminology. Microsoft stock is a poster child of our maddening Lost Decade, which traces its origins back to Spring 2000 and NASDAQ 5000. Over the past ten years, Microsoft shares have stalled out at $25. At today's $31, Microsoft shares are approaching the top-end of their $15 - $35 decade-long price range of malaise.

Like a sequel to a summer horror movie, stocks are set for another selloff amid worries about a double-dip recession. "I’m starting to fear summer," one economist said.

In my opinion the internet is affecting the high street more than might first be realised. Shopping online has become something enjoyed by young and old alike, and once embraced by the over 50s was sure to take on a life of its own. As soon as mature people in their 50s and 60s were happy to shop online the days of high street dominance within retailing were numbered. The worldwide web is just that – A worldwide phenomena which has wrapped its Octopus like arms around just about everyone from David Cameron to Katie Price.

From the Huffington Post:

MY LAST post on Germany’s economy and its low rates of female employment generated some criticism in the comment section. One aspect in particular seems to bother some readers: isn’t it good for children if mothers stay home? If children benefit from a mother who stays at home and the government encourages women to work, there are long-term losses through lower future economic welfare of the children—counteracting the short-term gains of increased economic output.