Daily Intent

The summer presents many exciting opportunities: outdoor events, barbecues with friends, events, sports outings, art, vacations, beach days and kids camps.

Managing one’s energy should be of the utmost importance.  Your profession, is exactly that, your profession.  You are still required to be a professional before, after and sometimes during the many summer events.  In order to be a professional, high levels of concentrated energy is expected.  And rightfully so. 

Heightened levels of awareness, creativity and energy are the result of proper food intake, time of food intake, exercise, sleep levels, sleep quality, recovery periods, etc…

Take responsibility over these basic human needs.

An excellent book to get you on the right track is “The Power of Full Engagement” by Jim Loehr and Tony Schwartz.

NOTE: Santa Barbara Real Estate Sales information has been attached.  Month of May.
Word of the week: “Cutting a Melon”Eat fruit. 
“A slang term used to describe the situation where a board of directors declare an additional dividend in addition to the regular distribution. The additional dividend can be in the form of cash, stock or property.

The board of directors (BOD) are responsible for deciding how they will share the company’s earnings with shareholders in the form of dividends. In most cases, dividends are issued in accordance to a set policy and are paid on preset schedule, such as annually or quarterly.

The BOD is cutting a melon when the company has earned additional income, this is the melon and distributes a portion of it to shareholders. The bigger the melon, the sweeter it tastes to investors! “  -Investopedia

Seven points to ponder during a Power Nap:

1.  Unemployment up to 5.5% from the previous recording of 5%.  Retail Sales rose 1% in May.  The all important CPI Index  will be released tomorrow.
2. Ten-Year Treasury Bond reached it’s highest point of 2008 today.  Home Loan Rates catapult upwards.
3.   FBI refocuses efforts, shifting two dozen offices from financial crimes to home loan fraud and the sub prime crisis.
4.  Tainted tomatoes have led to 167 salmonella cases since April.  23 have been hospitalized.  Southwestern and Mexican farmers are being investigated.
5.   The Lakers win game 3.  Down 2 to 1 vs the Celtics.  Nadal wins the French Open in convincing fashion.
6.  Paramount has taken in $823M this year as a result of the hits “Indiana Jones” and “Iron Man”. 
7. Father’s Day Weekend…And the US Open.  Tiger is back from knee surgery!!!

Positives:

•       Retail Sales numbers proved the government subsidies in the form of tax rebates are working.  A 1% increase in May was huge news for the markets. 
•      $400Bn in losses and write-downs on Wall Street via the sub prime crisis have the FBI wanting a greater portion of those responsible behind bars.  I suspect we will begin seeing these convicted folks on shows such as “American Greed”.
•       The Lakers and Celtics both struggled in game 3 with two of their three stars playing terribly.  Will game 4 be the same?  Sloppy play, bad shooting performances, and a lot of uncalled fouls?  6pm Tonight.
•        Make sure you tell your father and grandfathers you appreciate all they’ve done for you by sitting down and watching golf with them.  I repeat, US Open.  And Happy Birthday Padre Bochsler!

Negatives:

•      Though the markets got off to a great start this morning because of the Retail Sales news, there was much to be desired by days end.  Most of the gains were lost after Oil prices moved again upwards; and Yahoo and Microsoft’s rekindled talks resulted in a fat Zero.  No Deal.
•      The fact that the FBI needs to reallocate its resources to the sub prime crisis is an embarrassment to our industry.   Too many exceptions were made.  Morals were forgotten.  Greed controlled far too many actions.
•     Salmonella and tomatoes?!  Good thing ketchup is pretty much all sugar!  One ketch, it’s not healthy or good for sustaining energy levels.