I was debating between 2 interesting charts for today’s chart of the day, but I chose the following one because of its near-term relevance (while I’ve saved the other chart for another day – it …
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CNBC Gross domestic product expanded at a 2.2 percent annual rate, the Commerce Department said on Friday in its advance estimate, moderating from the fourth quarter’s 3 percent rate. While that was below economists’ expectations …
Continue readingBloomberg U.S. stock futures rose, following yesterday’s slump in the Standard & Poor’s 500 Index, as a report may show that sales of new homes increased for the first time this year and concern about …
Continue readingGlobal markets have found some relief the past few days on successful debt auctions out of Spain. Spain auctioned off 12 and 18 month notes overnight, by most accounts the auction was a success. Spain’s …
Continue readingBloomberg Equity futures advanced as retail sales gained 0.8 percent in March, almost three times as large as projected and followed a 1 percent advance in February, Commerce Department figures showed today in Washington. The …
Continue readingCNBC Stock futures declined Wednesday, following weak economic data from the euro zone and amid ongoing concerns over the region’s debt crisis. A weak economic report from of China also added to negative sentiment. China’s …
Continue readingBloomberg Jobless claims climbed by 24,000 to 399,000 in the week ended Jan. 7, Labor Department figures showed. The median forecast of 46 economists in a Bloomberg News survey projected 375,000. Retail sales climbed 0.1 …
Continue readingFederal Reserve Contact reports from the twelve Federal Reserve Districts suggest that national economic activity expanded at a modest to moderate pace during the reporting period of late November through the end of December. Seven …
Continue readingThere’s been a lot of talk this morning on the massive percentage of of the December job growth shown this morning amongst the “Couriers and Messengers” portion of the report. This is one of those …
Continue readingMarketwatch European equities, which had rallied sharply to begin the new year, were lower as concerns over Spain and non-euro member Hungary took a toll on sentiment. Read Europe Markets. Spanish bond yields were on …
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