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09:06:31 - 11/18/2014
The European Central Bank is willing to take additional easing steps including purchases of government bonds if needed to keep inflation from staying too low for too long. Mr. Draghi has made it clear that the ECB is fully committed to expanding its balance sheet. At this point the ECB is in desperation mode and are willing to do anything in their power to help inflation rise back to the desired target rate just below 2%.
11:49:40 - 11/14/2014
Sales at U.S. retailers rebounded in October, a sign that lower gas prices are boosting household spending at places such as restaurants and other stores. This is crucial as we come around to holiday season. People will start spending their money for holiday shopping. The higher the consumer confidence, the more sales will increase during the holiday season.
11:24:50 - 11/13/2014
Employers hired workers in September at the strongest pace sine the last recession began. People also quit their jobs more than the past six years. This shows that Americans are gaining confidence that the Labor market is significantly improving. Some 5.03 million employees were added to staff, boosting the hiring rate to 3.6 percent and matching July’s reading as the strongest since December 2007.
15:02:39 - 11/12/2014
Nearly 7 million Americans are stuck in part-time jobs that they don’t want. The unemployment rate has fallen sharply over the past year, but that improvement is masking a still-bleak picture for millions of workers who say they can’t find full-time jobs. Work is there for Americans, just not in the fashion that they would like it to be. This is one of the main reasons why growth is increase, but at a slow rate.
11:46:47 - 11/11/2014
The European Central Bank is doing everything it is power to climb it’s balance sheet to 3 trillion euros and it is not easy. According to the European Central Bank’s weekly update, its balance sheet—the value of assets it holds—fell by about €22 billion last week, settling at €2.03 trillion. This came despite new purchases of covered bonds under a new plan. The reason for last week’s drop: Banks paid back far more in ECB loans than the ECB bought in assets.
13:41:47 - 11/10/2014
With the economy performing well we have to focus on what is ahead of us instead of what is going on today. There are a few dates that all investors should be weary of. There are 5 important things that will be happening in the following week and should be analyzed carefully. All five things carry important information on the future economy.
13:01:11 - 11/07/2014
U.S. payrolls grew modestly while the unemployment rate fell in October, readings that mark the longest stretch of consistent job creation since World War II. Though, people are still concerned about the economic recovery. Nonfarm payrolls grew at a seasonally adjusted 214,000 last months, the Labor Department said Friday. The economy added more than 200,000 jobs each month since February. The job addition streak has not been like this since 1995. This marks 49 months of positive job growth.
13:30:14 - 11/06/2014
Worker productivity in the U.S. rose modestly in the third quarter, reflecting a steady but unremarkable pace of economic expansion. Nonfarm business productivity, which measures the output per hour of all workers, increased at a 2% annual rate in the third quarter, according to the Labor Department. Unit labor costs rose 0.3% during the period. Productivity increased 2.9% during the second quarter, up from an earlier estimate of 2.3%. The rate of increase eased in the third quarter amid a slight drop in output, which has been volatile following an unusually harsh winter.
10:47:31 - 11/05/2014
Private businesses continued to add workers at a healthy clip last month, a positive sign for year-end economic growth on Wednesday. Private payrolls in the U.S. increased by 230,000 jobs in October, according to the national employment report. Analysts predicted the October payroll increase to come in somewhere around 220,000. A small bump up from 213,000 in the month of September. Though, the 17,000 increases in payroll from month to month was extremely energizing for the economy.
11:16:47 - 11/04/2014
The U.S. trade deficit unexpectedly widened in September as exports hit a five-month low, suggesting slowing global demand could undercut economic growth in the final three months of the year. With global growth slowing down and the United States economy continuing to move in the right direction, the trade deficit could continue to worsen. We are seeing the first sign of the global economy taking its affect on the United States economy.
13:23:50 - 11/03/2014
The Federal Reserve just closed the book on its government-bond purchases. The bank of Japan expanded their bond-purchasing program. Now attention turns to the question of whether the European Central Bank will speed up its printing presses and start buying sovereign debt. The pressure is on the struggling nation.
11:15:27 - 10/31/2014
Wage increases are one thing that spur economic growth and they are something we have been without for a while now. U.S. employers’ labor costs picked up this summer for the second straight quarter, a sign that worker pay could finally break out of its post recession pattern of sluggish growth. The employment-cost index, a broad gauge of wage and benefit expenditures, rose from July to September, according to the Labor Department. This is a sign of good things to come.
10:00:44 - 10/29/2014
The Federal Reserve meeting will come to a close today at 2 pm eastern time. Many people expect that the Feds will carry out their closing out of quantitative easing and move on to when they will raise rates. The issue at hand right now is that inflation is moving in the wrong direction and we are not seeing the growth that we would like to see at the moment. Regardless, this round of QE has more than likely seen it’s end and rate hikes will become the next pressure topic.
13:04:35 - 10/28/2014
Consumer confidence advanced in October as Americans enjoyed further price drops at the gas pump and the job market continued to improve. The consumer board’s index climbed to 94.5 this month, the highest since October 2007, from a September reading of 89 that was stronger than initially estimated. The gauge surpassed expectations of most economists and came in as a bit of a surprise.
14:26:48 - 10/27/2014
Deflation is not always a negative thing. Sure Europe faces the risk of the latter as it teeters on the edge of a recession that could trigger a debilitating dive in prices and wages. Though, the U.S. may end up with the more a more favorable situation. The U.S. is looking at a scenario where oil and gas supplies push energy cost down and the economy forward. Explained in a more simple fashion, bad deflation weakens growth and good deflation lifts growth.
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