Meet The New iPhone Stock Ticker: The Puma Index

Puma Index Lost My ShirtYes, you read it correctly. Puma, the clothing manufacturer, has introduced a new stock ticker application for your iphone or desktop. So what does Puma have to do with my finances or tracking my stocks? We weren’t sure either so we decided to look into it.

After perusing around the Puma Index for a bit here is what we came up with. Puma and their partnered advertising agency Droga5 wanted to provide a little entertainment for those individuals who were constantly checking up on their stocks and slowly watching their finances get stripped amidst this recession. So they developed an entertaining way to combine a falling market and their numerous product lines. Read more

Current Exchange Rates

Things still aren’t looking good for the value of our American Dollar, but hopefully things will change. Here is a current look at how the dollar compares to other major world currencies:

Euro = 1 : 0.73711
British Pound = 1 : 0.66580
Canadian Dollar = 1 : 1.04806
Australian Dollar = 1 : 1.11310
Japanese Yen = 1 : 89.20
Mexican Peso = 1 : 12.7451

We still have high hope for our economy. Time will only tell.

The fall of Gold and Black

The price of gold is down nearly 15% from its all-time high last December it has dipped 4% so far this year.

Oil prices are also down nearly 10% this year.

It seems that the price in oil and gold fall as the dollar begins to gain its strength back.

Meanwhile some argue that the prices of gold and oil are finally settlig back down after peaking.

Hopefully as the global economy grows the price of commodities and the strength of the dollar will be able to grow in unison.

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