Economy

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Here’s Why the Chinese Stock Market Will Remain Volatile

Wikimedia CommonsThe Chinese stock market went into a free fall in Monday’s trading, dipping an amazing 8.5% in one day. Some investors may view this as the ultimate value opportunity, while others may view…

Douglas A. McIntyre · 11 years ago

Could China’s Growth Rates Drop To U.S. Level?

Wikimedia CommonsChina’s GDP growth rate is 7%, and trending downward. The GDP growth rate in the US is expected to be 3% in the third quarter, if forecasts by banks which include Goldman Sachs, are…

Douglas A. McIntyre · 11 years ago

Will US Q2 GDP Challenge the 3% Growth Mark?

ThinkstockGross Domestic Product (GDP) will be released on Thursday morning. Bloomberg has the consensus economist estimate as a gain of 2.9% for the second quarter, with a range from economists of 1.9% to 3.5%.…

Jon C. Ogg · 11 years ago

Durable Goods Looking Durable in June

ThinkstockIt turns out that the Durable Goods orders were rather durable in June. The new orders rose 3.4% for big ticket items, above the 3.1% expected by Bloomberg. Unfortunately, the prior month’s -1.8% reading…

Jon C. Ogg · 11 years ago

Chicago Fed Sees Uptick in National Growth in June

The Federal Reserve Bank of Chicago releases an national activity index each month, and it is indicating that economic growth managed to increase slightly in the month of June.

Jon C. Ogg · 11 years ago

Greece Scores Unusual Debt Rating Upgrade from S&P

ThinkstockJust when you thought no good news could come out Greece, just look outside of Greece for good news on Greece. Standard & Poor’s has decided to raise Greece’s sovereign credit rating. The upgrade…

Jon C. Ogg · 11 years ago

American Families Spent 16% More on College

The average American family spent more than $24,000 on college costs for the academic year 2014-2015, a 16% increase and the first significant increase in five years, according to a study.

Paul Ausick · 11 years ago