Give mother nature a new job…
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While 139,000 might seem like large healthy figure to you, on Wall Street that number is paltry at best. Especially when we’re talking about the amount of jobs added to the private sector. Maybe you or someone you know did score a job in the last few months, but analysts on Wall Street were hoping for a much bigger number. And just like everything else this fiscal quarter, it’s mother nature who is once again being blamed – at least partly – for the villainous role she’s playing in our slowed economy. With that, unemployment is expected to hold steady at 6.6%.
Is it all about control?
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No matter how you feel about guns, if you think more gun control is going to reduce the number of firearms purchases, you might want to rethink that logic. Shares of Smith & Wesson, the hand gun maker, shot up 10%, shooting way past Wall Street’s expectations. Firearms enthusiasts stocked up on weapons because of the possibility of stricter gun control regulations on the horizon. Other firearms manufacturers had similar gains as well. The gun maker took in a third quarter profit of $20.8 million.
Holy moly…
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Big Chipotle fan, are ya! The mouth-watering guacamole that keeps you coming back to the tasty Mexican grill uses 70 avocados to make a batch. That translates to 97,000 pounds of the largely California grown produce. But you better get your fix in while you still can because if global warming lives up to its hype then those tangy salsas and mouth watering guacamoles might become nothing more than a dream you once had. In its annual report, Chipotle ominously suggested that “Increasing weather volatility…could have a significant impact on the price or availability of some of our ingredients.” And if that drought in California doesn’t let up soon, you can say adios to your guacamole.
