Archive for April, 2010
Home sales rise as unemployment claims fall
More good news everyone. Good news is relative but there is no doubt that the economy is in a constant state of flux. When will we ever get back to where we were 20 months ago? Never.
This is a great article where the operative word is “modestly”. Remember folks, it is what [...]
The Conference Board: U.S. economic recovery is strengthening
More positve data on the U.S. economy.
Monday, April 19 – Kansas City Business Journal
The U.S. economic recovery seems to be gaining strength, according to new figures from The Conference Board.
Its Leading Economic Index reached its highest level in March, rising 1.4 percent, after having lifted 0.4 percent the month before and 0.6 percent in January, [...]
Wall Street reform: Washington’s next battle
This will be an interesting debate/battle. Does Wall Street need reform? Absolutely. As I have been playing with the market over the last three years I do see that there is room for improvement. After teaching graduate school and furthering my research toward completion of my PhD, I also see there is [...]
U.S. Economy: Trade Gap Widens More Than Anticipated on Imports
And yet still more positive indicators revealing an end to the recession. Sure this is really not a report to be proud as it plainly stated that we buy more foreign than American products but it does show that Americans are spending. What are they spending? In other words, where are they [...]
Here come the profit reports
And yet more optimism. Great data, great optimism, great opportunities ahead to recover now that macroeconomic data shows favorable conditions. This article is good preparation for the coming week.
By Alexandra Twin, senior writerApril 11, 2010: 8:48 AM ET
NEW YORK (CNNMoney.com) — Investors return to work this week with the Dow just short of [...]
Stocks rise on more signs of growth; Dow tops 11K
So here is the hard data that proves that the worst is over. For all you defeatist out there…things are getting better. I can’t believe how many people are so negative about the economy when you have such positive, factual information such as this article and the many other articles I have posted [...]
Consumer behavior shows recession is over
This is another interesting article about the economy. But who do we believe? I can tell that things are OK, but things will never get back to the way they were. Some might say that the U.S. economy is done and it’s only going to get worse. Well, what do we [...]
Economy getting better, but still ‘a long way to go’
By the CNN Wire Staff
Washington (CNN) — The slow but steady U.S. economic recovery appears set to continue, with underlying indicators signaling a growing strength, some of the nation’s senior economists said Sunday.
“The trend has turned,” said Lawrence Summers, director of the White House National Economic Council, on CNN’s “State of the Union” program. [...]
Economy adds jobs at fastest pace in three years
And yet another view of the same data, an optimistic view at that. This is a good read.
By Jeannine Aversa and Christopher S. Rugaber, AP Economic Writers
Economy adds 162,000 jobs for March, strong sign that recovery is finally taking hold
WASHINGTON (AP) — The nation added jobs at the fastest pace in [...]
March jobs report shows growth
More postive news on the economic front as the U.S. economy continues to grow at a snails pace. Of course growth cannot come fast enough for some, but there is a light at the end of the tunnel.
I have said many times in the past that the U.S. economy will never be [...]