RSSCategory: Economic Updates

Oct

25

Weekly Free Market Update for October 25, 2010

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “Life is the art of drawing without an eraser.” – John Gardner FED & CONFERENCE BOARD SEE MODEST GROWTH The Federal Reserve’s latest Beige Book came out last week, and 8 of the 12 regional Fed banks reported economic expansion in the anecdotal survey covering September and […]

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Oct

18

Weekly Free Market Update for October 18, 2010

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “The hardest tumble a man can make is to fall over his own bluff.” – Ambrose Bierce CPI UP JUST 0.1%, PPI ADVANCES 0.4% In September, consumer prices barely increased – in fact, the core Consumer Price Index was flat for the second month in a row. […]

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Oct

12

Weekly Free Market Update for October 12, 2010

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “The digital revolution is far more significant than the invention of writing or even of printing.” – Douglas Engelbart JOBS REPORT COULD PROMPT FED RESPONSE The U.S. economy shed 95,000 non-farming jobs in September – mostly government jobs, according to the Labor Department. Economists surveyed by MarketWatch […]

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Oct

4

Stock Market Investing Update for October 4, 2010

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “There is only one happiness in life – to love and to be loved.” – George Sand CONSUMER SPENDING UP 0.4% August personal spending beat the 0.3% gain forecast by economists polled by Bloomberg News. Personal income was up 0.5% for August, the biggest monthly gain of […]

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Sep

27

Weekly Free Market Update for September 27, 2010

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “Successful people ask better questions, and as a result, they get better answers.” – Anthony Robbins EXISTING HOME SALES IMPROVE The National Association of Realtors reported that existing home sales rose 7.6% in August, a rebound from July’s record low. Separately, the Commerce Department said new home […]

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Sep

20

Weekly Free Market Update for September 20, 2010

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “It is good to have an end to journey toward; but it is the journey that matters, in the end.” – Ursula Le Guin CPI, PPI RISE MODESTLY According to the Labor Department, the Consumer Price Index rose 0.3% in August while the Producer Price Index advanced […]

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Sep

13

Weekly Free Market Update for September 13, 2010

Presented by Mark Lund, The investor Coach. WEEKLY QUOTE “The secret of being boring is to say everything.” – Voltaire OBAMA PROPOSES NEW TAX CREDITS Last week, President Obama recommended three new tax measures to Congress and the American people – an extension of the Bush-era tax cuts for all but the wealthiest Americans, an immediate […]

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Sep

7

Weekly Free Market Update for September 7, 2010

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “Pleasure may come from illusion, but happiness can come only of reality.” – Sebastien-Roch Nicolas De Chamfort JOBLESS RATE RISES, AND SO DO STOCKS Friday, the Labor Department reported 9.6% unemployment in August. While that was no improvement from July’s 9.5% mark, there was some good news […]

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Aug

30

Free Market Update for the Week of August 30, 2010

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “When there is an original sound in the world, it makes a hundred echoes.” – John A. Shedd BERNANKE REASSURES WALL STREET At the annual Federal Reserve summer retreat at Jackson Hole, WY on Friday, Fed chairman Ben Bernanke said that the central bank “is prepared to […]

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Aug

23

Free Market Update for the Week of August 23, 2010

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “Chance favors only the prepared mind.” – Louis Pasteur A JUMP IN HOUSING STARTS In a relatively light week of economic data, one of the notable items was a 1.7% rise in new home construction in July. Economists had expected only a 0.2% increase in that category. […]

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