Food stamp recipient total falls only slightly in August 2014

Food stamps were taken by 46,484,828 people residing in America in August 2014, down from 46,486,888 in July.

The level is 2.5% lower than in August 2013.

The total benefit in August 2014 was $5.766 billion. The total costs in 2013 came to $79.9 billion.

The average total benefit was $124.04 per person in the program in August 2014, down from $133.07 per person monthly in 2013, and $253.69 per household on average in August 2014. 

Temperature anomaly for Grand Rapids, Michigan, through October 2014 rises to -27.2 degrees F

The cumulative 2014 temperature anomaly for Grand Rapids, Michigan, through October comes to -27.2 degrees F. That's the sum total of degrees below normal temperature for the year 2014 so far. Divided by ten that comes to an average anomaly of 2.72 degrees F monthly, falling from an average anomaly of 3.00 degrees F monthly through September.

In October temperatures were nearly normal, off just 0.2 degrees F, after a below normal September off 0.7 degrees F.

The S&P500 ends the week just 0.7% below the all-time inflation-adjusted high in August 2000

The current real price of the S&P500 is 2031.92, an all-time high in the nominal sense.

This level is just 0.7% off the all-time inflation-adjusted high, which was 2046.21 and occurred in August 2000.

Valuation is rich at 26.61 for the Shiller p/e, but well-off the December 1999 peak of 44.19. However, the market crash of 2008-09 was preceded by the Shiller p/e peaking at 27.55 during 2007.

The Shiller p/e has been in a never-never land of high valuation above 26 for extended periods since October 1996, coinciding with the famous onset of "irrational exuberance". You have to go back before that all the way to 1929 to find valuation at 27 and above.