VIA US UNCUT by Lacey McLaughlin Congress actually did something productive today: diverting billions of dollars in Wall Street subsidies to help repair America’s infrastructure. On Thursday the House approved a five-year, $305 billion bill that will lower dividends from the Federal Reserve to finance highway and transit improvements. As much as $9 billion in Wall Street […]
Domestic Economic Indicators 3/2-3/6 Monday 2/2 Personal Income and Outlays Personal Income showed a 0.3% raise after a 0.3% increase in December This was short of analysts’ forecasts of 0.4% increase Personal spending decreased by 0.2% after a decline of 0.3% in December Prices also fell, down 0.5% following a 0.2% fall […]
The word to sum up this week’s domestic economic indicators is “patience.” This is the word that the Fed has adopted as a mantra. The FOMC minutes were released this week and it seems to show that the Fed is unsure what to do next. The economy is making a turnaround in their opinion, so […]
The latest economic indicators over the past two weeks are not painting a pretty picture. While they are not showing any signs of catastrophe, the state of the U.S. economy may not be in as good of shape as we thought. GDP for the fourth quarter came in at a 2.6% increase; however this number […]
Domestic Economic Indicators 2/2/15-2/6/15 Monday 2/2 Personal Income and Personal Spending Personal Spending fell 0.3% which miss expectations of a 0.2% decline Personal Income rose 0.3% which was better than expected For the full year personal income is up 2.5% which is the biggest increase since 2006 PCE (Personal Consumption Expenditure) […]
Monday March 3 Personal Income -Was on the strong side which indicates a good start to Q1 growth -0.3% increase -private wages and salaries increased $14.8 billion after a $9.1 billion loss last month -factors that increased personal income were mostly federal -Affordable Care Act affected government social benefit payments -Cost of Living adjustments were […]
Economic data coming out of the US right now is giving many investors the confidence needed to continue to hold on to the bull market, as the S&P breaches new-all time highs and the Dow stands a short distance away from its own. So, is data really driving the market? Are we shifting away from sentiment built on […]
Tuesday February 25th Consumer Confidence -Fell to 78.1 from 79.4 -Concerns about near term outlook for business conditions and jobs led to decrease -Consumers don’t see considerable momentum in economy in coming months -Consumer confidence is an indicator of consumer spending which accounts for 70% of economic activity Wednesday February 26th New Home Sales […]
Monday February 17th -U.S. markets were closed for Presidents Day Tuesday February 18th New York Fed Manufacturing Survey -fell to 4.48 down from 12.51 the month before -was expected to fall but only to around 8 -new orders were near 0 but anything above 0 shows expansion -this survey is used to forecast the […]
One of the most talked about investments of the past year has been Gold, demand sliding 15% in 2013 while it’s price dove north of 25% within the same period. So far in 2014, Gold has bounced off its heavy support level and multi-year low of 1200 to finish +9.5% the first month and a […]
