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Economic Updates

Weekly Economic Update for May 2, 2011

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “Life is either a daring adventure, or nothing.” – Helen Keller CONSUMER SPENDING INCREASES 0.6% This March gain wasn’t that surprising in light of rising food and energy costs. (The Commerce Department just revised February’s gain to 0.9%). Disposable incomes were up by 0.1% in March while …

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Weekly Economic Update for April 25, 2011

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “Don’t let what you cannot do interfere with what you can do.” – John Wooden HOME SALES, HOME STARTS IMPROVE IN MARCH The National Association of Realtors announced that existing home sales were up 3.7% last month, about 1% higher than the rebound expected on Wall Street. …

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Weekly Economic Update for April 18, 2011

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “Things turn out best for those who make the best of the way things turn out.” – Jack Buck INFLATION LIVES UP TO EXPECTATIONS Economists polled by Briefing.com felt that the federal government’s Consumer Price Index would rise 0.5% in March, and it did. They thought core …

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Weekly Economic Update for April 11, 2011

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “Don’t forget to love yourself.” – Soren Kierkegaard WALL STREET WATCHES BUDGET FIGHT While journalists and political analysts worldwide pondered the effects of a federal government shutdown last week, Wall Street conducted business as usual. Any prolonged shutdown would test the stock market: while the Federal Reserve …

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Weekly Economic Update for April 4, 2011

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “Don’t go around saying the world owes you a living. The world owes you nothing. It was here first.” – Samuel Clemens JOBLESS RATE DOWN 1% SINCE NOVEMBER In March, the nation’s jobless rate declined to 8.8%. That is the lowest level of unemployment since April 2009 …

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Weekly Economic Update for March 28, 2011

Presented by Mark Lund, The Ivestor Coach. WEEKLY QUOTE “I have friends in overalls whose friendship I would not swap for the favor of the kings of the world.” – Thomas Edison 4Q GDP REVISED UPWARD The Commerce Department’s final estimate of 4Q 2010 GDP is +3.1%, an improvement from the previous estimate of +2.8%. The …

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Weekly Economic Update for March 21, 2011

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “If we all worked on the assumption that what is accepted as true were really true, there would be little hope of advance.” – Orville Wright INFLATION PICKS UP The Labor Department announced that the Consumer Price Index advanced 0.5% in February, following 0.4% advances in January …

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Weekly Economic Update for March 7, 2011

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “Many men go fishing all of their lives without knowing that it is not fish they are after.” – Henry David Thoreau JOBS REPORT (NEARLY) LIVES UP TO EXPECTATIONS Wall Street had high hopes for the February unemployment report. Would it show that more than 200,000 new …

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Weekly Economic Update for February 28, 2011

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “It is not the position, but the disposition.” – Susan Sontag STRIKING IMPROVEMENT IN CONSUMER SENTIMENT Consumer sentiment is really rebounding – at least by the measure of the country’s two most respected polls. The final February Thomson Reuters/University of Michigan consumer sentiment survey came in at …

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Weekly Economic Update for February 21, 2011

Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “There are no problems we cannot solve together, and very few that we can solve by ourselves.” – Lyndon B. Johnson INFLATION UP 0.4% FOR SECOND STRAIGHT MONTH The federal government’s Consumer Price Index hasn’t seen back-to-back increases of this magnitude since June-July 2008. As overall CPI …

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