RSSCategory: Economic Updates

Mar

26

Economic Update for March 26, 2012

Presented by Mark Lund, Investor Coach. WEEKLY QUOTE “It is every man’s obligation to put back into the world at least the equivalent of what he takes out of it.” – Albert Einstein HOUSING MARKET COOLS DOWN IN February Nationally, home sales took a step back last month. Last week, the National Association of Realtors reported […]

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Mar

19

Economic Update for March 19, 2012

Presented by Mark Lund, Investor Coach. WEEKLY QUOTE “A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.” – Winston Churchill PRICES RISE MOST IN TEN MONTHS Consumer prices were up 0.4% in February according to the Commerce Department, yet core inflation rose only 0.1%. A 6% jump in gasoline […]

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Mar

13

Economic Update for March 13, 2012

Presented by Mark Lund, Investor Coach. WEEKLY QUOTE “Science is the great antidote to the poison of enthusiasm and superstition.” Adam Smith 227,000 NEW JOBS, BUT JOBLESS RATE STILL AT 8.3% While unemployment levels remained unchanged in February, Labor Department data showed that nonfarm payrolls expanded by more than 200,000 positions for the third straight month. […]

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Mar

5

Economic Update for March 5, 2012

Presented by Mark Lund, Investor Coach. MONTHLY QUOTE “When one door of happiness closes, another opens; but often we look so long at the closed door that we do not see the one which has opened for us.” – Helen Keller THE MONTH IN BRIEF Were soaring oil and gas prices threatening the recovery? Was a […]

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Feb

27

Economic Update for February 27, 2012

Presented by Mark Lund, Investor Coach. WEEKLY QUOTE “Love is the master key that opens the gates of happiness.” – Oliver Wendell Holmes OIL APProaches $110 PER BARREL As NYMEX crude futures settled at $109.77 Friday, economists wondered how the U.S. consumer might cope if $5 gas became a reality. Spurred by supply concerns and heightened […]

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Feb

20

Economic Update for February 20, 2012

Presented by Mark Lund, Investor Coach. WEEKLY QUOTE “In times of rapid change, experience could be your worst enemy.” – J. Paul Getty CONSUMER PRICES UP 0.2% for January Major factors in this increase in the Consumer Price Index include a 0.9% rise in the price of clothing as well as rising rents and healthcare costs. […]

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Feb

14

Economic Update for February 14, 2012

Presented by Mark Lund, Investor Coach. WEEKLY QUOTE “A successful person is one who can lay a firm foundation with the bricks that others throw at him or her.” – David Brinkley WILL THE MORTGAGE ACCORD BRING MUCH RELIEF? While the $25+ billion settlement reached last week between five large mortgage servicers and 49 states was […]

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Feb

6

Economic Update for February 6, 2012

Presented by Mark Lund, Investor Coach. WEEKLY QUOTE “If you would be loved, love and be lovable.” – Benjamin Franklin JOBLESS RATE DOWN TO 8.3% Are we seeing a trend here? The unemployment rate has now fallen 0.8% in the last six months. We haven’t seen a descent this sharp and swift since 1984. January hiring […]

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Jan

30

Economic Update for January 30, 2012

Presented by Mark Lund, Investor Coach. WEEKLY QUOTE “Judge each day not by the harvest you reap but by the seeds you plant.” – Robert Louis Stevenson ECONOMY GROWS 2.8% in Q4 While this is the best GDP reading since Q2 2010, the initial estimate from the Bureau of Economic Analysis still disappointed the markets. Many […]

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Jan

16

Economic Update for January 16, 2012

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “Sweet are the slumbers of the virtuous man.” – Joseph Addison AN UNDERWHELMING RETAIL SALES REPORT Holiday shopping was strong … or was it? The Census Bureau’s newest monthly retail sales data indicated only a 0.1% gain for December. Yet in the big picture, 2011 was the […]

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