If You Think This Oil Spike Is Temporary, Check Out This Chart Read more: http://www.businessinsider.com/oil-spare-capacity-2013-2011-2#ixzz1FIEs8LSo

If You Think Wheat Prices Have Gotten Expensive

The agriculture story of the moment is wheat. It's surging day in and day out, and arguably it's causing riots in North Africa and the Middle East.

But what's the cause? Some say it's due to Bernanke and his cheap money policies. Weather is also a clear contributor.

What's clear though is that while all soft commodities are higher, there's a lot of variation. In fact it's sugar, not wheat, that is really in historical nosebleed territory right now. Conversely, cocoa -- which gets tons of hype for being expensive and scarce thanks to the ructions in the Ivory Coast -- really haven't gone nearly as far.

So regardless of how much has to do with liquidity and cheap money, soft commodities are still clearly trading in individual markets.

Read more: http://www.businessinsider.com/chart-of-the-day-food-prices-2011-2#ixzz1CwC5EMTD

For emergency Food and Water Storage Supplies 

List of Famous People from Texas

Don Henley: Best known as the drummer and vocalist for the country band Eagles, Don Henley was born in Linden, Texas in 1947.

Beyonce Knowles: Bootylicious solo singer Beyonce Knowles, who started her career with the band, Destiny's Child, was born in Houston, Texas in 1981.

Janis Joplin: One of the few female rock singers at the time, Janis Joplin who enjoyed roaring success in the 1960s was born in Port Arthur, Texas.

Usher: Famous R&B singer Usher (Usher Raymond IV) was born in 1978 in Dallas, Texas.

Stevie Ray Vaughan: Rock guitarist, songwriter and singer Stevie Ray Vaughan hails from Dallas, Texas.

Owen Wilson: Marley & Me and Wedding Crashers star Owen Wilson is another famous Texan. Born in Dallas, Texas in 1968.

Luke Wilson: The younger sibling of actor Owen Wilson, Luke Wilson was born in Dallas, Texas and is known for his roles in Legally Blond and Charlie's Angels.

Renee Zellweger: A diverse actress with several big hits to her name like Chicago and Bridget Jones' Diary, Renee Zellweger was born in Houston, Texas in 1969.

Matthew McConaughey: Matthew McConaughey, star of films like Sahara and Ghosts of Girlfriends Past, another Texan born in Uvalde, Texas.

'Stone Cold' Steve Austin: Born Steven James Anderson in Austin Texas, "Stone Cold" Steve Austin is a former WWE wrestler.

Lance Armstrong: Seven time Tour de France winner Lance Armstrong was born in Plano, Texas.

George Foreman: Former heavyweight boxer and currently a businessman, George Foreman was born in Marshall, Texas in 1949.

Tom Landry: Legendary former coach of the Dallas Cowboys Tom Landry was born in Mission, Texas in 1924.

Michael Dell: Founder and CEO of Dell Computers, Michael Dell was born in Houston, Texas.

Dwight Eisenhower: The former President of the United States (34th) was born in 1890 in Denison, Texas.

Lyndon B. Johnson: Better known as the President who stepped in following the assassination of John F. Kennedy, Lyndon B. Johnson was born in Stonewall, Texas in 1908.

'Bonnie and Clyde': Bonnie Parker and Clyde Barrow were two famous outlaws in the 1930s. Clyde was born in Ellis County, Texas and Bonnie was from Rowena, Texas

In Case You Didn't Realize How Much Gold Investors Love Bernanke

The price of gold spiked dramatically right around 2:15 PM ET today, as the Fed released its latest statement on the strength of the economy.

The FOMC mentioned the word quantitative easing, and left the door open for future asset purchases by the central bank.

The result was a rush out of the dollar, and into a myriad of other assets. But gold's move was the most Dramatic.

Time to Cut and Run ? Stock Prices Headed Down!

CHART OF THE DAY: The Best Market-Timing Indicator Says Stocks Are Headed Down

Read more: http://www.businessinsider.com/chart-of-the-day-sp-500-vs-12-month-forward-earnings-estimates-2010-9?utm_source=Triggermail&utm_medium=email&utm_term=Clusterstock+Chart+Of+The+Day&utm_campaign=Clusterstock_COTD_091310#ixzz0zRezAVId

Real GDP Annual Rate Change

A Few More Quarters Like This, And Growth Will Be Finished
This morning's GDP report confirmed a sharp slowdown from the blistering growth in Q4 '09 and Q1'10.
This look back through recent quarters, published by White House economist Christina Romer, offers a nice visualization of where we might be going.
Suffice to say, a few more quarters like this, and that bar will be negative again. This is what keeps James Bullard up at night.
 Read »

Using Data on Money Stocks to Estimate Real Colonial Gdp in the Seven Colonies of Australasia: 1861-1991 (Discussion Paper No 687)

Are real GDP levels trend, difference, or regime-wise trend stationary? Evidence from panel data tests incorporating structural change.: An article from: Southern Economic Journal

On this Day in History -- July 29

Famous people born on this day:

1869, Booth Tarkington, novelist. The Magnificent Ambersons

1871, Rasputin, the mad Russian monk. Biography - Rasputin: The Mad Monk

1905, Clara Bow Clara Bow: Runnin' Wild

1905, Thelma Todd White Hot: The Mysterious Murder of Thelma Todd
 
1907, Melvin Belli, San Francisco's "King of Torts." Melvin Belli: King of the Courtroom

Events on this day in history:

1835, First sugar plantation in Hawaii begun.Agriculture in Hawaii: Sugar Plantations in Hawaii, Mckinley Tariff, Kekaha, Hawaii, Pahala, Hawaii, Waipahu, Hawaii, Aiea, Hawaii, Ladd

1858, First commercial treaty between US and Japan is signed. The Rough Guide to Japan Fourth Edition (Rough Guide Travel Guides)

1914, First transcontinental phone link made. It's between NYC and
San Francisco.Long Distance Calling: Speeding Speech (1950's) [DVD]

1921, First transcontinental airmail flight from New York to San
Francisco (taking 33 hours and 21 minutes to complete).Aviation Pioneers: A Collection of Stories From the First Airmail Pilots, Flight Attendants, and Passengers

1926, Don Juan opens with the most kisses, 127 in a single movie.Don Juan

1958, Southern Pacific Bay Ferries stop running.Southern Pacific Water Lines: Marine, Bay and River Operations of the Southern Pacific System

1981, The wedding of Prince Charles and Lady Diana.Diana - Her True Story - In Her Own Words - Completely Revised Edition

1996, Carl Lewis wins his 9th Gold Medal in the 1996 Olympics.One More Victory Lap