Word: marchings
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What almost no one saw coming in Apple's results for the quarter that ended in March was that the company would sell nearly 3.8 million iPhones. Most educated guesses were around 3.1 million. In a world where securities analysts send spies to Apple stores and bribe hardware component suppliers in Taiwan for data on iPhone parts shipments, experts are not supposed to be off that much. It makes them look bad, but it makes Apple look good, both for its ability to keep things secret and for building a handset that is expensive, making it a real aspirational product...
...that the markets anticipate GDP health six months or so in advance, so what this disconnect is telling us is that economic recovery is just around the corner. Sure, we're seeing some green shoots particularly in China, where industrial production rose 8.3% year-on-year in March, retail sales surged 15.9% in the first quarter, and investment in fixed assets jumped 28.6% in March after rising 26.5% in February. But it's difficult to see how Asia can return to real growth with export demand dead in the U.S. and Europe - and no one expects a resurrection there anytime...
...March 30, a Santa Clara, Calif., man shot five people to death, including three children, before killing himself. On April 3, a gunman went on a shooting rampage in an immigration center in Binghamton, N.Y., killing 13 people before taking his own life. And on April 20, employees of a Sheraton Hotel in Maryland found the bodies of a husband and wife and two daughters, victims of another apparent murder-suicide...
These are only the most publicized of the recent murder-suicide crimes in the U.S. Since March 10, 2009, at least 43 people have been killed in murder-suicides, and there is no telling why the crimes occurred in such rapid succession. It is also not clear whether the spate of recent deaths represents an escalation in the typical murder-suicide death toll. But it has got some observers wondering why. Past research suggests that factors ranging from the time of year (suicides are more common in spring) to the financial climate may have an impact on the rates...
...spike last year when at least three cartels started a pitched battle for its valuable trafficking turf. (Most of the drugs from Mexico enter the U.S. through Juárez.) Spin-off crimes like kidnapping and extortion mushroomed as well. But the city has been safer since Reyes agreed in March to let 5,000 army troops and 2,000 federal cops take over police duties for the time being. Just before Holder and Napolitano arrived in Mexico, federal agents captured an alleged top boss of the Juárez Cartel, Vicente Carrillo Leyva. Juárez's murder rate dropped from...