06 February 2013
Once the recession ended, we should have seen economic growth continue to accelerate after the 2.4 percent growth in 2010. Instead, economic output has been more sluggish after each year since 2010. These charts, using data from the Bureau of Economic Analysis (BEA), clearly show that we are not really in an economic recovery. [...]
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05 February 2013
ISM manufacturing index jumps up in January The U.S. ISM manufacturing index rose to 53.1 in January from 50.2 in December, which was well above market expectations of 50.7. The details of the report were mainly positive across the board. Production is up to 53.6 (from 52.6), while new orders were up 53.3 [...]
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02 February 2013
U.S. economy keeps turning the crank on jobs January produced 157K new jobs, which was not far off from consensus of 165K. All the job creation was in private payrolls (+166K) and was broadly based. Today’s report incorporates the combination of annual benchmark revisions, updated seasonal adjustment factors and updated population estimates. The [...]
Posted in Stock MarketComments Off
02 February 2013
U.S. economy keeps turning the crank on jobs January produced 157K new jobs, which was not far off from consensus of 165K. All the job creation was in private payrolls (+166K) and was broadly based. Today’s report incorporates the combination of annual benchmark revisions, updated seasonal adjustment factors and updated population estimates. The [...]
Posted in Stock MarketComments Off
01 February 2013
Personal income accelerated in December, spending grew at a modest pace Personal spending increased by 0.2% in December, below market expectations for a 0.3% gain. In real terms, spending increased 0.2% on the month. Real goods consumption advanced 0.6% m/m, on the back of a 1.3% gain in durable goods consumption and a [...]
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28 January 2013
$RIM names multiple BlackBerry 10 music, video partners Jan 28 (Reuters) – Research In Motion Ltd has gathered a number of big-name music and video partners for its BlackBerry 10 storefront, ranging from Walt Disney Studios and Sony Pictures to Universal Music Group and Warner Music Group. RIM announced the partners on Monday, ahead [...]
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The Major Stock Market Indices
The Importance of Understanding Market Trends
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