Random Thoughts and News
Airlines May Start Treating Passengers “Like Freight”
Finally, being in shape may become lucrative for regular people, not just celebrities 🙂
Dow Jones Industrial Average P/E ratio stills stands at a lofty 27.22 (including dividends), it was around 28.2 on June 8 when I checked last. Something’s gotta give: earnings must rise (unlikely judging from the latest announcements) or the market goes down some more.
A High Price for Healthy Food
As of Dec, 2007 “energy-dense munchies cost on average $1.76 per 1,000 calories, compared with $18.16 per 1,000 calories for low-energy but nutritious foods.” Since then healthy food went up in price even more, and more than the junk in percentage terms.
We’re doing our part in staying out of hospitals by eating well, shouldn’t we be able to deduct some of our grocery bills? or at least pay less in medical taxes?
Some corn uses are: feed for livestock, heating, plastics, fabrics, high fructose corn syrup.
This year corn crop is ruined by rains and floods. Prepare for much higher food prices next year, and possibly shortages. I’ll be looking for some corn stocks or funds, don’t want to try futures since I haven’t really figured out the stock part of the market yet. If you have any ideas on how to play this situation, let me know.
Corn field under water (this is Pennsylvania, Iowa has been flooded much worse).
Photo credit – courane01