CBS Evening News, 7/18/2013 Source: Link Did you hear the key points in the above video? 1) Housing prices have increased quickly. 2) First-time home buyers are finding it difficult to get into the housing market. 3) A home in Glendale, CA sold for $110,000 over the asking price. 4) “Right now the economy is […]
Tag Archives: Economy
It’s Hot, But The Economy’s Not (?)
Studying, following and attempting to gauge economic and stock market trends is, truly, a “dismal science.” Definition of ‘Dismal Science’ A term coined by Scottish writer, essayist and historian Thomas Carlyle to describe the discipline of economics. The term dismal science was inspired by T. R. Malthus’ gloomy prediction that population would always grow faster than food, dooming mankind […]
Posted in Articles, Fundamentals Also tagged Food, Gasoline, Home, Hot, Oil, Prices, Wages Leave a comment
Is The Economy Really Getting Any Better? Unemployment Is Still a BIG Issue!
CBS Evening News 7/9/2013 Source: Link Though the U.S. Labor Dept. reported that there were 3.8 million job openings in the month of June ( an increase of 28,000 job openings from the prior month), long-term unemployment rang-in at 4.3 million people, representing 36.7 percent of those who are currently unemployed. Not good! Readers/viewers may […]
The Truth About Recent Employment Figures
To date, 11.7 million Americans are still out of work and, for those who are eligible to collect unemployment benefits, their wallets are feeling even lighter these days because of the $equester. As of July 1st, the average weekly benefit check of $289.00 for recipients was reduced by $43.00 thanks to the budget cuts. And, […]
Posted in Articles, Fundamentals Also tagged Fireworks, Sequester, Unemployed, Unemployment Leave a comment
The U.S. Economy Is Getting Better — BUNK!
If you (like me) are one of those people who recently started to believe that the U.S. economy may, in fact, be on on the mend — well then, think again. On Independence Day (Independence Day!), the brave men and women serving our military — those willing to continue the fight for our “independence” and for […]
What’s Really Happening With Housing
This past Wednesday the Mortgage Bankers Association issued its weekly report on mortgage applications. As can be seen in the first table in the above graphic, all of the MBA’s metrics were down for the week ending 5/17/13, and the numbers follow equally large declines for the previous week. However, the report released on Thursday […]
Spittin’ & Sputterin’ Along
Though the stock market is still rising, and though consumer sentiment is up (from 76.4 in March to 83.7 in April), economic warning signs continue to litter the road to recovery. For the month of April, industrial production declined 0.5 percent, with the manufacturing component of the report showing a 0.4 percent decline (and that […]
Will The Rally Continue?
This morning I read the following article which was provided by The Wall Street Journal’s “The Morning MarketBeat.” Though the facts are interesting, and though the case for a continued market rally is plausible, I’m not so sure the cards our in our favor for continued stock market increases. The Breakfast Briefing As stocks have […]
Posted in Articles, Stocks Also tagged Budget, Federal, Sequester, Sequestration, Stocks, Trader, Trading Leave a comment
Sequester (A.K.A. Confiscation)
se·ques·ter v. se·ques·tered, se·ques·ter·ing, se·ques·ters v.tr. 1. To cause to withdraw into seclusion. 2. To remove or set apart; segregate. See Synonyms at isolate. 3. Law a. To take temporary possession of (property) as security against legal claims. b. To requisition and confiscate (enemy property). v.intr. Chemistry To undergo sequestration. vb (tr) 1. to remove […]
Posted in Articles, Fundamentals Also tagged Budget, Deficit, Iron Dome, Sequester, Sequestration Leave a comment
Know Your Sources, Know Your Surroundings And Know Yourself
Recently, I was reading an article from my Web hosting provider about the art of research. The article mentioned all of the well-known online search engine tools like Bing, Google and Yahoo, and it introduced a few other tools that were more specific to bloggers. And though the article offered a variety of new and […]
