Posts Tagged ‘economic’

Presented By Eric C Hagen, www.EricCHagen.com, @ericchagen, ehagen@nextfinancial.com HEADLINES Gain in consumer spending, durable goods orders & Institute for Supply Management index decline, home prices slip but sales contracts increase, S&P500 & NASDAQ advance while DOW DJIA has a flat week. WEEKLY QUOTE “We may encounter many defeats but we must not be defeated.” – Maya Angelou WEEKLY TIP Beware of being too risk-averse when it comes to planning retirement income. Some retirees have portfolios so conservative that their incomes struggle to keep pace with inflation. WEEKLY RIDDLE Two fathers and two sons shopped for computers at their local big box retailer. Each bought a PC, yet they bought only three PCs total. How could this be? Last week’s riddle: Name the three English-language three-letter words that begin and end with the letter E. Last week’s answer: Eve, ewe and eye. THIS WEEK: The data stream is pretty light this week, at least in terms of domestic economic news. Monday, ISM releases its February service sector index and we get Census Bureau data on January factory orders. Tuesday offers Q4 earnings from Dick’s Sporting Goods and Pandora Media. Wednesday, we have earnings reports from H&R Block, Hovnanian and American Eagle Outfitters. In addition to new weekly jobless claims figures, Thursday will bring Q4 results from Smithfield Foods, Williams-Sonoma, Quicksilver and Stein Mart. Friday, the February unemployment report comes out along with data on wholesale …

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www.futuremoneytrends.com http
Video Rating: 4 / 5

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• Economic Update: Jobless Claims for the Week of August 14th 2010

FIRST: We must recognize the reality of a national emergency in the form of an accelerating, hyper-inflationary, general breakdown-crisis of the US banking and monetary system. This trend must be halted by emergency action in bankruptcy reorganization: All present plans for financial bail-out of Fannie Mae and Freddie Mac must be cancelled under threat of impeachment or similar action against any US officials caught in complicity with such an attempted, inherently fraudulent bail-out scheme for absolutely wrecking the USA financially in favor of London and Wall Street predators. Federal reorganization of the financial system in bankruptcy must occur immediately. We, as government, must be committed to pay what must be paid to maintain the general welfare of the population and of functions of Federal, state, and local government, and to freeze what can not be paid currently without damaging the payments which are of fundamental strategic and human interest. Many people have engaged in what are in fact, tolerated swindles, as typified by the disgusting matter of “golden parachutes,” while essential human interests of people who have earned their actual right to income are looted to pay for “golden parachutes” and comparable swindles. Those who managed the economy are those who are chiefly responsible for the failure which their reign induced; they should not claim too loudly what they did not actually earn by human standards for the proper meaning of “earning.” The word of …
Video Rating: 4 / 5

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My views about why Americans are using credit cards to pay for necessities, new claims for unemployment benefits hitting 400000 for the 15th consecutive week, Moody’s considering downgrading the AAA bond status of five states (Maryland, New Mexico, South Carolina, Tennessee, and the Commonwealth of Virginia) and the growing economic disparity in the US Bank of America logs worst-ever loss: .8 billion www.lansingstatejournal.com Wealth, Income, and Power 2007 TOP 1% population 42.7% sociology.ucsc.edu Regional factories rebound, jobless claims up www.reuters.com Consumers Use Credit Cards for Necessities as Inflation Cuts US Incomes www.bloomberg.com 44.6 million people on Food stamps www.fns.usda.gov US loses .3 billion in exiting Chrysler money.cnn.com Ratings agency Moody’s wallstcheatsheet.com What does rise in shoplifting say about the economy? www.usatoday.com POLICE STATE: For all of you people who refuse to admit that America is transforming into a www.youtube.com

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Visit www.NoSugarCoatedNews.com for related stories. Aaron checks out the economic devastation of Bend Oregon with help from youtube user http Sixth fastest growing city link www.ci.bend.or.us Oregon foreclosure rate jumps link www.oregonlive.com
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Question by : Is cutting govt spending while economy is weak an economic suicide?
GDP = Consumer + Investment + Govt Spending + Export – Import.

If so, doesn’t cutting spending while economy still weak lead to another recession (decrease in GDP). If so, why are Republicans advocating so much about cutting spending? Do they want to destroy the economy so that they can have a chance for White House in 2012 – party first, country second?

Best answer:

Answer by Yam King 7
We are wasting $ 700 million a day to pay for the wars in Iraq and Afghanistan, while our teachers, firefighters and police lose their jobs, while we slash basic assistance programs for the poor, children and the elderly, while we turn our backs on the some 3 million people being pushed from their homes by foreclosures and bank repossessions and while we do nothing to help the one in six American workers who cannot find work. These wars have taken hundreds of thousands of lives. They have pushed millions into refugee or displacement camps. They have left young men and women severely crippled and maimed. They have turned our nation into an isolated pariah, fueling the very terrorism we seek to defeat. And they cannot be won. The sooner we leave Iraq and Afghanistan the sooner we will save others and finally save ourselves.

Know better? Leave your own answer in the comments!

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The New Welfare: Unemployment and Social Security in Europe (Central Issues in Contemporary Economic Theory and Policy)

The New Welfare brings together a group of leading scholars to examine issues relating to unemployment and social security in Europe, focusing on how to promote employment and how to reform social security. The crucial issue of the financing of public pension systems is also addressed, including an examination of the politically difficult solution of a more fully-funded system.

List Price: $ 105.00

Price: $ 104.90

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Question by Lady Laissez Faire: Why is the WH touting this as the SUMMER OF RECOVERY, when economic news is so bad? Why such a disconnect?
“The jump in jobless claims is another nail in the coffin for the economy.” — bond trader Tom Gigaloma, yesterday, as unemployment claims hit a six-month high and Wall Street suffered a third day of losses

Read more: http://www.nypost.com/p/news/opinion/editorials/some_summer_of_recovery_lHjOFKbtO2hVJAm1aD1v5K#ixzz0wh5eAQQQ

Best answer:

Answer by Ed
Jobs are being created, compared to jobs being “LOST” under bush.

The market growing, instead of tanking.

Would you like me to continue?

Add your own answer in the comments!

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Looking Ahead to Economic Reports This Week New York Times ECONOMIC REPORTS Data will include housing starts for February (Tuesday); existing home sales for February (Wednesday); weekly jobless claims and leading economic indicators for February (Thursday); and new-home sales for February (Friday). and more »

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Vancouver, BC (PRWEB) March 12, 2012

InvestmentsinOilandGas.com, an informational website designed to provide insight and education to accredited investors about the opportunities available to them for investing in oil, has identified a unique opportunity for investors coming on the heals of the recent announcement regarding the surge in oil prices by the EIA. The surging prices of oil is an opportunity for American investors to respond by investing in oil to increase domestic supplies and contribute to the growth and stabilization of the American economy.

InvestmentsinOilandGas.com has identified key potential risks to the American economy should growth slow, including uncontrolled increases in inflation and an unwelcome surge in unemployment rates, which have just recently begun to stabilize. Economic growth will slow, says InvestmentsinOIlandGas.com, if America does not tap into its own resources and develop independence from foreign oil supplies. Alfred Marshall said, Capital is that part of wealth which is devoted to obtaining further wealth. Accredited investors have the capital needed to take advantage of the current state of events by investing in oil.

For accredited investors who have been waiting for the right moment to consider investing in oil, InvesmentsinOilandGas.com believes that the combination of events has converged to offer a unique opportunity for investors investing in oil, and that now is the time to act. Investing in oil not only provides tangible and intangible tax and income benefits to accredited investors, but InvestmentsinOilandGas.com believes that right now, with the recently announced drastic increase in oil prices, investors are presented with an unusual opportunity to help make history.

Accredited investors interested in learning more about the unique opportunity presented by this convergence of events can visit InvestmentsinOIlandGas.com for more information and to download a free investment guide

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