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Addison Cook
The Online Bookkeeper Service in St Neots
The Online Bookkeeper Service in St Neots
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Q: How is the bad economy affecting women in Beverly Hills?

A: For the first time they are using the sun to get a tan!
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I stumbled into this format for 'Last Call with Carson Daly' that I really like, inspired by cable and Dave Attell's 'Insomniac.' I love being out on the street.
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The Real Economy team travelled to Frankfurt, home of the European Central Bank, to take a look at the deflationary fears circling Europe and to find out if low inflation is becoming a self-fulfilling prophecy.

Porgramme host Maithreyi Seetharaman discussed these and other core issues with the ECB’s chief economist and executive board member Peter Praet.

In an economy like the eurozone price swings can amplify quite quickly. When the economy grows, gains momentum and imports more it inflates. At up to about two percent it can remain fairly stable, but any more and it can quickly fly out of control. When the economy stalls prices stagnate.

To illustrate, imagine a cake shop owner, Steve, whose business buys lots of milk, eggs, flour, etc.

One day, Steve didn’t sell many cupcakes, so he had a sale but not many customers turned up. So he had another sale, but customers kept waiting for him to drop prices further.

Not making money, Steve told his milk and eggs suppliers that he would wait before placing more orders. Consequently, his suppliers cut prices to convince him to buy. Steve decided to wait for prices to fall even more.

The circle of suppliers started freezing their own purchases until prices fell as well. No one was buying or selling, profits plunged and one by one they all had to let their staff go! No jobs and no money meant people couldn’t buy Steve’s cupcakes.

Everybody’s business stalled as did the economy, causing deflation!  @  http://bit.ly/1tLRLJ2
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This week on Estimize Radio I’m joined by Joe Kunkle, a prominent and veteran member of both the StockTwits and Estimize communities. 
Joe and I preview earnings from Under Armour (UA), Skechers (SKX), Fortinet (FTNT), and O’Reilly Automotive (ORLY). In our featured topic we discuss why NXP Semiconductors (NXPI) is set for a huge quarter thanks to Apple Pay.  @   http://yhoo.it/1sE9E5Z
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