Aug 08
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The economic picture has improved?

The jobless claims are accelerating. unemployment is accelerating. commodities prices improving is due to euro weakness and the notion that the economy is NOT improving, for, if it were improving, commodities would be rising on demand concerns.
the markets are hilarious now. they go up because commodities are falling but commodities are falling because the economic [...]

Author: admin
Aug 08
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The Reason For Stronger Dollar

On July 15th the US Dollar Index closed at 71.87, the lowest close since reaching its record low in April. This index was in the process of breaking down, and in fact it had actually fallen out of its uptrend channel on the following chart.
However, rather than continue lower and fall off the edge of [...]

Author: admin
Jun 26
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Stock Market Cools Down Rally After Fed Signals Aggressive Rate Cutting Is Over

Federal Reserve signals aggressive rate cuts are over; unclear about when rate hikes will come
WASHINGTON (AP) — The Federal Reserve’s aggressive period of cutting interest rates to keep the country from falling into a recession is over. That point is in general agreement. The trouble starts when you try to figure out what period the [...]

Author: admin
Jun 16
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Calendar of major business events scheduled for Tuesday

Major business events and economic events scheduled for Tuesday:
WASHINGTON — Commerce Department reports on housing starts for May and on current account, first quarter, 8:30 a.m.
WASHINGTON — Labor Department reports on producer price index for May, 8:30 a.m.
WASHINGTON — Federal Reserve reports on industrial production for May, 9:15 a.m.
NEW YORK — Goldman Sachs Group Inc. [...]

Author: admin
May 26
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an aggressive rate-cutting effort by the Federal Reserve Is Taking Effect

Lawrence Yun, chief economist for the Realtors, sees some hopeful signs. Some parts of the country that have been hammered with sharp declines in sales and prices, such as San Diego, Calif., and Fort Myers, Fla., are now reporting sales increases, as buyers are being lured back into the market, looking for bargains.
“Lower prices and [...]

Author: admin