Yes ma'am, yes sir, yes little rippers; we promised snow and sure enough, fall in the high country has quickly transformed to winter. Grab your camera and a warm thermos to catch the collision of winter's whites and autumn's colors donning the Wasatch Mountains. The scene is truly amazing but the real excitement lies in the ski and snowboard turns to be had in the very near future. We owe it to ourselves to grab a little fresh air and head to the mountains. (Yes snow for Utah is a huge economic boom......Yeah baby let it snow.)
The outlook for U.S. light vehicle sales is beginning to improve, according to a recent R. L. Polk & Co. analysis. Polk estimates new light vehicle sales in 2010 will be up 9.6 percent over 2009, to 11.2 million units, with third quarter 2010 sales estimated to be the strongest, at an anticipated 28 percent of the annual total. (All indicators are pointing North baby......Up up and away.)
NEW YORK -Stocks appear headed to a sharply higher opening after Alcoa kicked off earnings season with an unexpected profit and weekly jobless claims fell more than expected. (Already early this morning Yehaw)
Homeowners hustled last week to refinance their mortgages after interest rates fell below 5 percent for the first time since May. Refinance applications climbed 18 percent from the previous week, the Mortgage Bankers Association reported Wednesday, as rates on 30-year home loans dropped to their lowest level in four months to 4.89 percent. With extra cash lining their pockets each month, homeowners could help the economy recover. (Just more great news to spread the smiles).
Cost cutting pays off for aluminum giant Alcoa in the third quarter as it posts its first profit in a year -- a positive surprise for investors as earnings season gets under way. (Yup more going north)
While skeptics remain, Q3 earnings season kicked off on Wednesday with almost all those announcing earnings surprising to the upside. Alcoa, the firm which much earlier in the year pegged the global turnaround swung to a profit in Q3. "We do clearly see growth, substantial growth ... in China," Alcoa CEO Klaus Kleinfeld told reporters. "The second half of the year is clearly better than the first half in many industries and many regions." You may remember Kleinfeld's "giant sucking sound" of demand predictions.
Google also reasserted our sentiment of several months now, "We are clearly seeing aspects of recovery, and what is notable is that we’re seeing aspects of recovery not just in the United States but in Europe... We never stopped hiring, but we told our team internally and we’ve said to many other people that we are increase our hiring rate and our investment rate in anticipation of a recovery." Our favorite perma-doomsters like Nouriel Roubini continue to beat the drum of "double dip recession", but the Q3 earnings results will paint a much different picture. (Ahhh, yes just more Northern direction everywhere. +++)
Help wanted signs are everywhere.........Jobs are coming back to life: UPS, AT&T, PSA Health Care, Morgan Stanley, Pizza Hut, Comcast, Century 21, Avon, All State, Midas, Sprint.......these are just to name a few that are aggressively looking to hire thousands in all levels. Jobs and unemployment are headed back to the positive demand territory. (More signs of recovery and gaining traction)
A good friend of mine mentioned I have become a Toyota basher. Well, I am just trying to be fair and balanced and lean toward being pro-American baby. I love my Toyota friends.
Toyota Motor Sales U.S.A. Inc. is instructing dealers to attach floor mats to seat frames on the driver’s side of select vehicles with self-locking wire ties to prevent the mats from snagging on gas pedals and causing unintended acceleration. “We have reviewed with the National Highway Traffic Safety Administration what we’re calling a semipermanent floor mat installation process, and we’re providing these instructions to our dealers,” Toyota spokesman Brian Lyons says. “This allows dealers to continue selling and delivering both new and used vehicles.” Toyota is recalling 3.8 million Toyota and Lexus models to secure the mats. The recall is prompted by an accident in August during which four people were killed in a Lexus. A floor mat catching on the accelerator may have caused the crash. (Am I really reading this right? They are asking their dealers to use essentially bailing wire to jury rig their floor mats...........you've got to be kidding me, and Toyota owners are going to stand for this. I thought that's what farmers did to fix real old farm implements. Oh my, where has all the quality gone. Pelosi, Barney, where are you for the bailing wire senate hearings on Toyota. Holy smokes this is amazing. Lets go back to the great American products made right here and the money stays right here.)
LOS ANGELES -- The National Highway Traffic Safety Administration on Tuesday said it is conducting a preliminary investigation into frame corrosion on 2000 and 2001 model year Toyota Tundra pickups. An estimated 218,000 units are involved. Word of the probe comes a week after Toyota announced its largest U.S. recall in company history. NHTSA said it has received 20 complaints about the Tundra -- 15 of them alleging that the underbody-mounted spare tire separated from the rear cross member. The other five complaints allege damaged brake lines due to corrosion on the driver's side rear cross member. Brian Lyons, a spokesman for Toyota Motor Sales U.S.A. Inc., said he is not surprised at NHTSA's investigation. “We've been investigating this for a little bit of time,” he said. “We know there are some complaints out there. We have repurchased some vehicles to aid in our investigation.” A preliminary investigation by NHTSA involves a variety of fact-finding activities. If the investigation merits further action, the case would then go through an engineering analysis before a recall would be issued. Last week, Toyota announced it will recall 3.8 million Toyota and Lexus vehicles to replace a floor mat that could cause the accelerator to stick. The recall prompted a public apology from Toyota Motor Corp. President Akio Toyoda. Frame rust ;Toyota faced a similar frame-rust problem last year involving about 750,000 Tacoma pickups. In March 2008, the company agreed to buy back 1995 to 2000 model year Tacomas at 150 percent of the high Kelly Blue Book value. Then in November 2008, the company issued a recall on 2001 to 2004 model year Tacomas. Lyons did not say why the company did not issue a recall for the Tundra at the same time as the Tacoma. (Is America reading the quality issues that are epidemic with Toyota ? and we all think the N1H1 virus is bad.....maybe the Health Administration ought to issue a DBAT pandemic warning. (DBAT=Don't buy a Toyota) it is not safe for your health, This is just more good news for the Quality and hopefully the quantity gearing up for America and America's economy)
To finish on a fun and positive note.....here is a new formula for happiness and success. (Oct. 1) - Chicago residents were given some sweet relief from the daily grind and anxiety over whether they'll host the 2016 Olympics in the form of goodies offered by a major snack maker Thursday. Mars distributed 50,000 free M&M, Snickers, Milky Way, Twix, Dove and 3 Musketeers chocolate bars to passers-by in downtown Chicago, according to the Chicago Sun-Times. The Windy City was chosen as the depressed city most in need of a pick-me-up in an online poll of citizens from 350 cities conducted from July 22 through Aug. 31 on RealChocolate.com, reported the Convenience Store News. Chicago out-frowned New York, Houston, Philadelphia, Los Angeles, Atlanta, Detroit, Pittsburgh and Cleveland for the giveaway. "Providing Chicago with some sweet relief is the perfect culmination to the Mars Real Chocolate Relief Act program," Michele Kessler, vice president of marketing for Mars Snackfood, told the Convenience Store News. "In Chicago and throughout the nation, Mars is excited to continue our industry-leading commitment to give our customers what they want -- 100 percent real authentic chocolate." (Hey, if all else fails.....eat more chocolate and I liked the idea of "Real Chocolate Relief Act"......I bet it works better than the TARP $)
Quote for the day:
"The way to see by faith is shut the eye of reason;" -Benjamin Franklin
"When a man is pushed, tormented, defeated, he has a chance to learn something." -Ralph Waldo Emerson
Have a Great day of success and productivity, and a little Chocolate.
sy
NEW YORK -Stocks appear headed to a sharply higher opening after Alcoa kicked off earnings season with an unexpected profit and weekly jobless claims fell more than expected. (Already early this morning Yehaw)
Homeowners hustled last week to refinance their mortgages after interest rates fell below 5 percent for the first time since May. Refinance applications climbed 18 percent from the previous week, the Mortgage Bankers Association reported Wednesday, as rates on 30-year home loans dropped to their lowest level in four months to 4.89 percent. With extra cash lining their pockets each month, homeowners could help the economy recover. (Just more great news to spread the smiles).
Cost cutting pays off for aluminum giant Alcoa in the third quarter as it posts its first profit in a year -- a positive surprise for investors as earnings season gets under way. (Yup more going north)
While skeptics remain, Q3 earnings season kicked off on Wednesday with almost all those announcing earnings surprising to the upside. Alcoa, the firm which much earlier in the year pegged the global turnaround swung to a profit in Q3. "We do clearly see growth, substantial growth ... in China," Alcoa CEO Klaus Kleinfeld told reporters. "The second half of the year is clearly better than the first half in many industries and many regions." You may remember Kleinfeld's "giant sucking sound" of demand predictions.
Google also reasserted our sentiment of several months now, "We are clearly seeing aspects of recovery, and what is notable is that we’re seeing aspects of recovery not just in the United States but in Europe... We never stopped hiring, but we told our team internally and we’ve said to many other people that we are increase our hiring rate and our investment rate in anticipation of a recovery." Our favorite perma-doomsters like Nouriel Roubini continue to beat the drum of "double dip recession", but the Q3 earnings results will paint a much different picture. (Ahhh, yes just more Northern direction everywhere. +++)
Help wanted signs are everywhere.........Jobs are coming back to life: UPS, AT&T, PSA Health Care, Morgan Stanley, Pizza Hut, Comcast, Century 21, Avon, All State, Midas, Sprint.......these are just to name a few that are aggressively looking to hire thousands in all levels. Jobs and unemployment are headed back to the positive demand territory. (More signs of recovery and gaining traction)
A good friend of mine mentioned I have become a Toyota basher. Well, I am just trying to be fair and balanced and lean toward being pro-American baby. I love my Toyota friends.
Toyota Motor Sales U.S.A. Inc. is instructing dealers to attach floor mats to seat frames on the driver’s side of select vehicles with self-locking wire ties to prevent the mats from snagging on gas pedals and causing unintended acceleration. “We have reviewed with the National Highway Traffic Safety Administration what we’re calling a semipermanent floor mat installation process, and we’re providing these instructions to our dealers,” Toyota spokesman Brian Lyons says. “This allows dealers to continue selling and delivering both new and used vehicles.” Toyota is recalling 3.8 million Toyota and Lexus models to secure the mats. The recall is prompted by an accident in August during which four people were killed in a Lexus. A floor mat catching on the accelerator may have caused the crash. (Am I really reading this right? They are asking their dealers to use essentially bailing wire to jury rig their floor mats...........you've got to be kidding me, and Toyota owners are going to stand for this. I thought that's what farmers did to fix real old farm implements. Oh my, where has all the quality gone. Pelosi, Barney, where are you for the bailing wire senate hearings on Toyota. Holy smokes this is amazing. Lets go back to the great American products made right here and the money stays right here.)
LOS ANGELES -- The National Highway Traffic Safety Administration on Tuesday said it is conducting a preliminary investigation into frame corrosion on 2000 and 2001 model year Toyota Tundra pickups. An estimated 218,000 units are involved. Word of the probe comes a week after Toyota announced its largest U.S. recall in company history. NHTSA said it has received 20 complaints about the Tundra -- 15 of them alleging that the underbody-mounted spare tire separated from the rear cross member. The other five complaints allege damaged brake lines due to corrosion on the driver's side rear cross member. Brian Lyons, a spokesman for Toyota Motor Sales U.S.A. Inc., said he is not surprised at NHTSA's investigation. “We've been investigating this for a little bit of time,” he said. “We know there are some complaints out there. We have repurchased some vehicles to aid in our investigation.” A preliminary investigation by NHTSA involves a variety of fact-finding activities. If the investigation merits further action, the case would then go through an engineering analysis before a recall would be issued. Last week, Toyota announced it will recall 3.8 million Toyota and Lexus vehicles to replace a floor mat that could cause the accelerator to stick. The recall prompted a public apology from Toyota Motor Corp. President Akio Toyoda. Frame rust ;Toyota faced a similar frame-rust problem last year involving about 750,000 Tacoma pickups. In March 2008, the company agreed to buy back 1995 to 2000 model year Tacomas at 150 percent of the high Kelly Blue Book value. Then in November 2008, the company issued a recall on 2001 to 2004 model year Tacomas. Lyons did not say why the company did not issue a recall for the Tundra at the same time as the Tacoma. (Is America reading the quality issues that are epidemic with Toyota ? and we all think the N1H1 virus is bad.....maybe the Health Administration ought to issue a DBAT pandemic warning. (DBAT=Don't buy a Toyota) it is not safe for your health, This is just more good news for the Quality and hopefully the quantity gearing up for America and America's economy)
To finish on a fun and positive note.....here is a new formula for happiness and success. (Oct. 1) - Chicago residents were given some sweet relief from the daily grind and anxiety over whether they'll host the 2016 Olympics in the form of goodies offered by a major snack maker Thursday. Mars distributed 50,000 free M&M, Snickers, Milky Way, Twix, Dove and 3 Musketeers chocolate bars to passers-by in downtown Chicago, according to the Chicago Sun-Times. The Windy City was chosen as the depressed city most in need of a pick-me-up in an online poll of citizens from 350 cities conducted from July 22 through Aug. 31 on RealChocolate.com, reported the Convenience Store News. Chicago out-frowned New York, Houston, Philadelphia, Los Angeles, Atlanta, Detroit, Pittsburgh and Cleveland for the giveaway. "Providing Chicago with some sweet relief is the perfect culmination to the Mars Real Chocolate Relief Act program," Michele Kessler, vice president of marketing for Mars Snackfood, told the Convenience Store News. "In Chicago and throughout the nation, Mars is excited to continue our industry-leading commitment to give our customers what they want -- 100 percent real authentic chocolate." (Hey, if all else fails.....eat more chocolate and I liked the idea of "Real Chocolate Relief Act"......I bet it works better than the TARP $)
Quote for the day:
"The way to see by faith is shut the eye of reason;" -Benjamin Franklin
"When a man is pushed, tormented, defeated, he has a chance to learn something." -Ralph Waldo Emerson
Have a Great day of success and productivity, and a little Chocolate.
sy
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