An Irresistible Urge
Compulsiveness Quote of the Day: “I’m a compulsive musician, but it’s also a bloody good way out of having to do anything else.” – Alexis Korner (blues musician)
Fun Fact: In the 18th century, if you needed to make change the dollar was actually cut into eight pieces or bits. This is the origin of the terms “pieces of eight” and “two bits” (a quarter); interestingly enough most of the population thinks that’s also how the TV show Eight is Enough and candy bar Bit-O-Honey got their names. (By “most of the population” I am of course referring to “me.”)
Wuss’up This Week: “Wuss’up,” you ask? A whole lot! Nine reports come out this week (on an average week you’ll usually only see six) and all of them have been marked “Important” (when usually only half of them are). The most important of the nine: The “Fed Minutes” (details of the last Fed meeting) are released tomorrow; the PPI (which measures inflation at the producer level) on Thursday; and the CPI (a measure of inflation at the consumer level) on Friday. All of these reports can push interest rates in either direction. Thinking of refinancing but waiting for lower rates? Don’t wait too long, as weeks like this can push rates up quickly.
Compulsiveness Quote of the Day 2: “It’s an obsessive-compulsive thing. I have read like a hundred articles about it.” – Claire (Julie Bowen), Modern Family (2010)
Timeout for Trivia: Congrats to all who guessed Fred Savage as last week’s answer. Want to be entered into a drawing to win a box of Quisp cereal? Simply email me the answer to this week’s “Who Am I?” question. Good luck: “It was on this date in 1999 that my movie about an orgy came out. If that’s not exciting enough let me also tell you that the co-star in the movie was my husband in real life (well I guess it’s not that exciting – don’t go jumping up and down on a couch or anything). This was the first time we were reunited in a movie since he was my boyfriend ten years earlier, in a movie that was not about the weather (even though the title made it sound like it was). Like all Hollywood marriages ours ended in divorce, but I never vowed not to marry again – that’s just an urban legend.”