Wall Street

House Cuts Wall Street Subsidies To Fund New Roads

House Cuts Wall Street Subsidies To Fund New Roads

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 Reporting’s for 2/2/15-2/8/15

Domestic Economic Reporting’s for 2/2/15-2/8/15

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)  […]

The Economic Picture for the week of March 3rd

The Economic Picture for the week of March 3rd

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 […]

Bulls and Bears square off in fight for momentum in US equities

Bulls and Bears square off in fight for momentum in US equities

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 […]

Domestic Economic Data Feb. 23-30

Domestic Economic Data Feb. 23-30

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 […]

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