Posts Tagged ‘Christmas’
SLEEP IN: Nothing Happening In Asian Markets To Spoil Your Christmas Vacation
There have been no big crises in Asian markets today to spoil your Christmas vacation.
Most of the region is trading higher, led by the Hang Seng up 1.27%. The Nikkei, which was closed Friday, ended up 1.1%.
Shanghai, however, was trading down 0.7% and Korea’s Kospi finished down 0.6%.
The Santa Claus Rally for is on track for the U.S., with the DJIA up 2.06% this month. Another nice seasonal trend is that the five trading days before New Years and the two after have seen positive returns 31 out of the past 41 times, according to Marketwatch.
Economic releases this week include Case-Shiller and several Fed manufacturing surveys. Calculated Risk has a complete guide..
Don’t Miss: 16 Of Wall Street’s Sharpest Minds Predict Where Stocks Are Headed In 2012
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See Also:
- The Market Just Keeps Going Higher
- Markets Are Staging A Wild Rally
- NOW The Market Is Diving On A Big Surge In Volume
How The Cost Of Christmas Has Changed In The Past Decade [INFOGRAPHIC]
If you think you spent a lot of cash this Christmas, take a trip down memory lane and see how Christmas spending has changed over the past decade.
Thanks to MoneySupermarket.com for sharing this infographic with us.
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See Also:
- 9 Things To Know About Finding The Perfect Gift For The Ladies In Your Life
- There’s A Better Way To Get Rid Of Your Christmas Tree This Year
- INFOGRAPHIC: Americans Are Spending A Whopping $704.18 On Gifts This Year
WATCH: Kid Goes Completely Bonkers After Unwrapping Nintendo 64 Game System
Today we bring you one of our favorite viral videos from a few years back—a kid going completely insane after opening his Christmas gift, a brand new Nintendo 64 video game console.
Merry Christmas and happy holidays from SAI!
Check out the video below:
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- Four Reasons Why Sound Will Be Bigger Than Video Online
- First Round’s Holiday Video Is Here And It Does Not Disappoint
- iPhone And iPad Account For A Whopping 92% Of All Online Mobile Purchases [STUDY]
You Won’t Believe How Well The Christmas Tree Business Did This Year
The economy may still be floundering. But the Christmas tree business is booming. According to new study by research firm IBISWorld, Americans will spend an estimated $3.4 billion on Christmas trees this year, the highest amount since 2007. Here, a brief guide, by the numbers, to this “booming” holiday business:
25 million
Real Christmas trees Americans will buy this year, according to IBISWorld’s forecast
$800 million
Estimated retail cost of those trees
10 million
Artificial trees Americans will buy this holiday season
$2.6 billion
Estimated retail cost of those artificial trees
$3.4 billion
Total estimated Christmas tree spending this year
3.1
Estimated increase, in percent, from last year’s Christmas tree spending
$3.51 billion
Amount Americans spent on Christmas trees in 2007
$3.14 billion
Amount Americans spent on Christmas trees in 2008, when the global financial meltdown took a huge bite out of this seasonal industry.
80
Percent of all artificial trees that are manufactured in China
6 to 9
Number of years an average family uses an artificial tree before throwing it away
7
Number of years it takes, on average, to grow a typical Christmas tree
More than 100,000
People who are employed either part-time or full-time in the Christmas tree industry
The economy may still be floundering. But the Christmas tree business is booming. According to new study by research firm IBISWorld, Americans will spend an estimated $3.4 billion on Christmas trees this year, the highest amount since 2007. Here, a brief guide, by the numbers, to this “booming” holiday business:
25 million
Real Christmas trees Americans will buy this year, according to IBISWorld’s forecast
$800 million
Estimated retail cost of those trees
10 million
Artificial trees Americans will buy this holiday season
$2.6 billion
Estimated retail cost of those artificial trees
$3.4 billion
Total estimated Christmas tree spending this year
3.1
Estimated increase, in percent, from last year’s Christmas tree spending
$3.51 billion
Amount Americans spent on Christmas trees in 2007
$3.14 billion
Amount Americans spent on Christmas trees in 2008, when the global financial meltdown took a huge bite out of this seasonal industry
80
Percent of all artificial trees that are manufactured in China
6 to 9
Number of years an average family uses an artificial tree before throwing it away
7
Number of years it takes, on average, to grow a typical Christmas tree
More than 100,000
People who are employed either part-time or full-time in the Christmas tree industry
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A Comedian Economist Shares His Thoughts After 5 Months In China
Earlier:
• Schedule for Week of Dec 25th
• Summary for Week ending Dec 23rd
Bauman discusses a number of topics. He has spent the last 5 months in China – see his earlier video here on the Chinese housing bubble – and he thinks the Chinese economy is “not slowing down”.
Some humor (the knock knock joke at the end is pretty funny – especially the goof by the interviewer).
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See Also:
- China’s Housing Bust: A Potentially Devastating Blind Side In 2012
- Brand New Datapoints On The Chinese Real Estate Downturn
- Chinese Manufacturers Say Christmas Is 10 Percent Bigger Than Last Year