A JOBS REPORT MUCH LIKE THE LAST ONE Unemployment fell dramatically in January: the Labor Department reported a
THE MONTH IN BRIEF December lived up to its promise as one of the better months of the year for stocks, with the S&P 500 gaining 6.53%.1 It was a strangely quiet time on Wall Street, and the biggest news item of the month was good news for investors. It didn’t take long for President Obama and Congressional Republicans to reach a tax compromise, one with demonstrable benefits for all Americans. In December we learned[…]
Money Managers, Inc. Presents: WEEKLY ECONOMIC UPDATE for December 20,2010.
Marc Aarons Presents:QUARTERLY ECONOMIC UPDATE QUOTE OF THE QUARTER “The measure of success is not whether you have a tough problem to deal with, but whether it is the same problem you had last year.” – John Foster Dulles QUARTERLY TIP Consider deducting $20 or $40 a week from your paycheck to put into your savings. For example, automatic weekly savings transfers of just $40 would mean an additional $2,000 a year for your nest egg and likely won’t[…]
The House approves the Senate bill. Not a single Republican voted for it, but
Brazil. Russia. India. China. These four nations have some of the fastest-growing economies on earth and are becoming drivers in the world economy. In the coming decades, they may command as much attention as the U.S., Japan and other “heavy hitters” … or more. The future aside, we know one thing about the BRIC nations and other emerging markets: collectively, stocks in these countries have outperformed U.S. stocks for the last 20 years.
The quarter in brief. The rally continued, the economy showed definite signs of improvement, and the biggest health care reform in decades inched toward reality. Stocks were hot, with the S&P 500 rising 5.49% for the quarter.1 Commodities were even hotter. A wave of buyers rushing to take advantage of federal credits helped the real estate market. World economies were growing healthier. By the quarter’s end, even practitioners of the dismal science were largely[…]
Oil prices rose toward $72 a barrel on Tuesday as investors bought commodities to hedge against a weaker dollar, and the U.S. government forecast an increase in world oil demand. The U.S. dollar dropped after Australia's Central Bank unexpectedly raised interest rates, a move investors took as a signal world economies may recover soon, boosting fuel demand.
Weekly Recap - Week ending 02-Oct-09
Oil has continued its ascent from the low $30s and is now back up around $70 per barrel. Gasoline prices have followed and some pundits are beginning to draw analogies to last summer when oil peaked at almost $150 per barrel. Before the summer is over, oil prices will likely have risen to the $80 per barrel range, and gasoline prices will probably average $3 at the pump.