Quantcast

Posts related to ‘Economy’

Challenger Jobs Data Preview Friday’s Jobs Data

Posted: February 2, 2012 at 7:38 am

The Challenger jobs data for January is offering another preview of data for Friday's non-Farm and unemployment data from the Labor Department.  The January cuts were 53,486 and that is ...
Read Full Story »

ISM Data Suggests Light Concerns Over Prices, Employment, and Production

Posted: February 1, 2012 at 10:22 am

The Institute for Supply Management has released its purchasing managers index for January and the reading came in at 54.1.  This was a point higher than the 53.1 recorded in ...
Read Full Story »

ADP Jobs Data Supports Higher Non-Farm Payroll Gains Outlook

Posted: February 1, 2012 at 8:27 am

ADP is out with its pre-unemployment data for the month of January.  The effort aims to front-run the Labor Department's non-Farm Payrolls projections.  The new report from ADP is predicting ...
Read Full Story »

More U.S. Austerity Needed… CBO Baseline Shows Huge Deficits at $1.1 Trillion in 2012

Posted: January 31, 2012 at 10:24 am

The Congressional Budget Office is out with its outlook and deficits are expected to continue.  This report is released each January and the goal is not to be political from ...
Read Full Story »

Consumer Confidence Heads The Wrong Way

Posted: January 31, 2012 at 10:12 am

Consumer Confidence is heading the wrong way.  The report is just on the heels of a weak Chicago Purchasing Managers reading, and this data from The Conference Board is going ...
Read Full Story »

Chicago PMI Tempers Employment & Growth Hopes

Posted: January 31, 2012 at 9:56 am

Chicago Purchasing Managers is often used as a leading barometer for overall manufacturing activity in the United States.  If that holds true, some tempering of expectation for the Institute of ...
Read Full Story »

Alternative Investing: Two T206 Honus Wagner Cards For Sale In Same Month (CLCT, EBAY, MSFT, AAPL)

Posted: January 30, 2012 at 12:18 pm

Almost all investments rise and fall in price through time, and the same is true over the value of sports collectibles and baseball cards.  The 'investing' rule in sports collectibles ...
Read Full Story »

Fitch Joins E.U. Downgrade Waves (EWK, IRE, EIRL, IRL, EWI, TI, EWP, STD)

Posted: January 27, 2012 at 1:30 pm

Fitch has joined in on the European sovereign credit rating downgrades.  First it was S&P, but we might argue that this should have mostly been factored in already.  Is it ...
Read Full Story »

GDP Debunks Double Dip Recession Fears

Posted: January 27, 2012 at 8:38 am

The U.S. is still growing despite all of the world's troubles and despite the currency fluctuations.  The Commerce Department's  preliminary reading on Gross Domestic Product showed to have growth of  ...
Read Full Story »

The Consumer Confidence Boom

Posted: January 26, 2012 at 6:31 am

German consumer confidence reached a 10-month high this month. Now a new WSJ/NBC poll shows that U.S. consumers are more sanguine than they have been in a year. The signs ...
Read Full Story »

Gold & Silver Miners Love Low-Rate Outlook (SLW, PAAS, GG, NEM, KGC, AEM, GDX, GDXJ, SIL)

Posted: January 25, 2012 at 3:07 pm

Silver and gold miners just got some great news today after having lost so much luster in recent months.  The FOMC has now telegraphed that it expects that interest rates ...
Read Full Story »

Utopia Juice: Bernanke Hints QE3 (or QE4)

Posted: January 25, 2012 at 2:41 pm

The Federal Reserve has no more room cut interest rates.  About all it can do is to take the discount rate lower than the 0.75% but the target rate of ...
Read Full Story »

New Lower Fed Long-Term Targets: Employment, Inflation, GDP & Rates

Posted: January 25, 2012 at 2:16 pm

The Fed is going to continue on its dual-mandate of inflation and employment as it stated that it will take a balanced approach to maintain price stability and to promote ...
Read Full Story »

Fed Now Keeping Near-Zero Rates Through Late-2014… QE4?

Posted: January 25, 2012 at 12:41 pm

This was definitely going to be a different sort of FOMC day with the way that the new communications are going to show more of the inner-thinking of the Federal ...
Read Full Story »

Eight Industries the U.S. Has Lost to China

Posted: January 24, 2012 at 6:44 am

Americans are used to the U.S. being the leader, or a top-ranked nation, in many areas. But in a number of industries and businesses, the U.S. has lost that first ...
Read Full Story »