RSSCategory: Economic Updates

Jan

24

Weekly Stock Market Update for January 24, 2011

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “Success is the sum of details.” – Harvey Firestone TIME FOR OPTIMISM IN THE HOUSING MARKET? Existing home sales have improved in five of the past six months. In December, they rose 12.3%. While December’s sales pace was still 2.9% below year-ago levels, the National Association of […]

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Jan

17

Weekly Stock Market Update for January 17, 2011

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “Knowledge is more than equivalent to force.” – Samuel Johnson CONSUMER & PRODUCER PRICES RISE The U.S. inflation rate hit an 18-month peak in December: the federal government’s Consumer Price Index advanced 0.5%. Pump prices were a big factor in that gain: gasoline grew 8.5% more expensive […]

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Jan

10

Weekly Stock Market Update for January 10, 2011

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “A career is born in public, talent in privacy.” – Marilyn Monroe HOW DO WE INTERPRET THIS JOBS REPORT? America’s unemployment rate fell four-tenths of a point in December to 9.4%. On the surface, that sounds great – after all, that is the biggest one-month drop in […]

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Jan

3

Weekly Stock Market Update for January 1, 2011

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “And as we let our own light shine, we unconsciously give other people permission to do the same.” – Nelson Mandela MAJOR INDICES POST DOUBLE-DIGIT GAINS IN 2010 For the second year in a row, bulls ruled Wall Street. When the closing bell sounded on December 31, […]

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Dec

27

Weekly Stock Market Update for December 27, 2010

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “Give what you have to somebody; it may be better than you think.” – Henry Wadsworth Longfellow SPENDING & WAGES UP, SAVINGS RATE TICKS DOWN Last week, the Commerce Department reported a 0.4% gain in personal spending and a 0.3% gain in personal incomes for November. The […]

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Dec

20

Weekly Stock Market Update for December 20, 2010

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “It is not the years in your life but the life in your years that counts.” – Adlai Stevenson OBAMA SIGNS TAX DEAL INTO LAW President Obama signed the 2010 Tax Relief Act into law on December 17 after overwhelming passage in the House and Senate. The […]

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Dec

6

Weekly Free Market Update for December 6, 2010

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “Nothing will ever be attempted, if all possible objections must be first overcome.” – Samuel Johnson JOBLESS RATE INCREASES BY 0.2% Unemployment hit 9.8% last month. The latest Bureau of Labor Statistics report said the economy only created 39,000 new jobs in November; economists expected three times […]

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Nov

1

Weekly Free Market Update for November 1, 2010

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “One loyal friend is worth ten thousand relatives.” – Euripides WALL STREET AWAITS QE2, CONSIDERS 3Q GDP Yes, QE2 – that is the media nickname for the expected second round of quantitative easing from the Federal Reserve, a move which could boost long-term bond prices and lower […]

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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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