The Impact of the iPhone5 on the US Economy

J.P. Morgan’s chief economist, Michael Feroli, estimated sales of the iPhone5 could boost annualized GDP growth in calendar Q4 by 0.25 to 0.5 percentage points.  You can read more here.

Related

I’ve written numerous times about the growing importance of curation

Art Cashin, UBS Financial Services’ director of floor operations at

A friend sent me this Bernie Madoff “Bank.” You can