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Mid-Day Report: Consumers More Confident
A survey by Reuters and the University of Michigan show Consumer Sentiment at an increase. Here is an excerpt from this Yahoo! article. The Reuters/University of Michigan Surveys of Consumers said its preliminary index of sentiment for December rose to 73.4, just a touch below the year’s high set in September. This was above the 67.4 for November and exceeded economists’ expectations... [Read more]
Morning Report
Retail Sales Rise better than expected, 1.3%, in October. The report came as a surprise because retailers have reported bad results for the start of the holiday shopping season. Consumer spending factors to 70 percent of overall economic activity. “But retail sales rose 1.3 percent last month, after a 1.1 percent October gain”, the Commerce Department said Friday. It was the biggest... [Read more]
“At The End Of The Day” Report
Article From Yahoo! Geithner Comments On U.S. Financial Situation I guess this is lazy of me, but I cannot hold great information from the public, so here, again, is an article from Yahoo! in which the Treasury Secretary Timothy Geithner comments about the economy. Here is a snapshot: “The financial and economic recovery still faces significant headwinds,” he said, citing high unemployment... [Read more]
Article From the WSJ and Yahoo!
This article is a great read about the general population’s belief of the Finance Industry. It goes into details about bailouts, profiteering, and much more. This excerpt, however, goes to my post yesterday about refinancing (and even purchasing): For a decade or more, many people resented, or envied, the money winners on Wall Street and in the City of London made. But they weren’t... [Read more]
Jobless Claims Beginning to Look Like the Rocky Mts.
One week they’re down, and then optimism abounds. The next week they’re up again! Bring your Oxygen tank, because Jobless Claims are expected to be HIGHER again. Although these numbers are not a great sign, and rates have responded by trending higher this morning, the overall views and opinions are that this is a good sign. The reason rates have responded in an upward position... [Read more]
