Wednesday, December 31, 2008

Today in Investor's Business Daily stock analysis and business news

Today in Investor's Business Daily stock analysis and business news: "As we've noted, 2008 has been a year of records for cold and snowfall and may indeed be the coldest year of the 21st century thus far. In the U.S., the National Oceanic and Atmospheric Administration registered 63 local snowfall records and 115 lowest-ever temperatures for the month of October.
Global thermometers stopped rising after 1998, and have plummeted in the last two years by more than 0.5 degrees Celsius. The 2007-2008 temperature drop was not predicted by global climate models. But it was predictable by a decline in sunspot activity since 2000.
When the sun is active, it's not uncommon to see sunspot numbers of 100 or more in a single month. Every 11 years, activity slows, and numbers briefly drop near zero. Normally sunspots return very quickly, as a new cycle begins. But this year, the start of a new cycle, the sun has been eerily quiet."

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