Stock Market Update For May

A quiet week of trading closed the month of May with the S&P 500 and Dow at record highs.  U.S. stocks posted the biggest monthly gains since February.

In other news:

Sex, Drugs and Economics: The UK plans to include prostitution and illegal drugs in their calculations of GDP.  Given that prostitution is one of the oldest professions known to man, it stands to reason.  As for illegal drugs, those numbers are likely to boost import, distribution and sales data.  Who says crime doesn't pay?

Recommended Reading:  Adam Aloisi put out an interesting piece at Seeking Alpha titled  American Realty Capital Vs. Realty Income: Will The Real REIT Please Stand Up! .  The comments from readers were good too and the overall discussion very informed.

David Alton Clark of SA wrote a fascinating article on the MLP space titled Kinder Morgan Has An Ace In The Hole. It examines the controversy of Kinder's IDR (incentive distribution rights) model.  A must read for Kinder investors.  Great discussion in the comments section also.

Have a wonderful weekend!

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