Recently we saw that the mortgage purchase application number had its first negative year over year number on the 4 week moving average.
Tag Archive for Economic Recovery
Contributors- Economic and Financial, Must Read, Taken Down
Euro area recovery continues; could growth surpass the US? Sober Look
by Sober Look • • 0 Comments
In spite of an ongoing weakness in credit growth (see post), the Eurozone is continuing to show fairly robust economic improvements. Today’s manufacturing PMI (manager surveys) has surprised to the upside.It is interesting to see Greece for example beg…
Money Morning, Must Read
You can Figure out When the Fed Might Start Tapering – Money Morning
by Frank Marchant • • 0 Comments
Although you might think the markets simply respond any time Ben Bernanke sneezes, his “cold cycle” is not one of the indicators that will spell the slowing and eventual cessation of the printing press at the Fed.
There actually is a mathematical formula used by the Federal Reserve to determine when to stop the presses.
Money Morning, Must Read
This Chart Shows the Economic Recovery is Mainly for the Rich – Money Morning
by Ben Gersten • • 0 Comments
This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. This is a syndicated repost. The opinions expressed are those of Money Morning and the author, not those of the Wall Street Examiner. The Wall Street Examiner makes no representation regarding the accuracy or validity of the ideas…
Money Morning, Must Read
Forget the Doom-and-Gloom, Now is a Time to Be Bullish- Kent Moors – Money Morning
by Dr. Kent Moors •
This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. A little girl named Carol Anne became famous for saying “They’re h-e-r-e” in the 1982 movie Poltergeist. She was talking about the “TV people,” and they ended up being from way out of town. Well, we have our…
Latest Business Headlines
U.S. Banks Aren’t Nearly Ready for Coming European Crisis – Bloomberg
by Newswires • • 0 Comments
What are the odds that JPMorgan would lose no more than $50 billion on assets of $4 trillion, much of which is complex derivatives, in a euro-area breakup, an event that would easily be the biggest financial crisis in world history? …The Federal Reserve should apply the same approach to big U.S. banks [as some…
Latest Business Headlines
Rampant corruption is aggravating EU crisis
by Newswires • • 0 Comments
BY NIKOLAJ NIELSEN BRUSSELS – Corruption and lack of transparency are endemic throughout the EU, with direct links to the economic crisis. The damning conclusion of a major study by the Berlin-based NGO, Transparency International (TI), was put forward at a hearing in the European Parliament in Brussels on Wednesday (6 June). “Europe by and…
Latest Business Headlines
Fed’s Lockhart: More Economic Weakness May Call for Fresh Action – WSJ
by Newswires • • 0 Comments
With the U.S. economic recovery threatened by an array of negative developments, the Federal Reserve may need to add additional stimulus to the economy, a key U.S. central bank official said Wednesday. “Should it become clear that something resembling my baseline scenario of continued, though modest, growth is no longer realistic, further monetary actions to…
Charts, Economics, Must Read
Fink Had Stock To Sell
by Lee Adler • • 0 Comments
It is small wonder mom-and-pop investors are showing no love for U.S. stocks for a fourth consecutive year. Not only has the U.S. economic recovery remained fragile, but the so-called “headline risk” is dominating investor psyche again… But it has been clear—to some of us, at least–that mom-and-pop investors threw in the towel a while…
Latest Business Headlines
Factory orders post surprise fall in April | Reuters
by Newswires • • 0 Comments
(Reuters) – New orders for factory goods fell in April for the third time in four months as demand slipped for everything from cars and machinery to computers, the latest worrisome sign for the economic recovery. The Commerce Department said on Monday orders for manufactured goods dropped 0.6 percent during the month. The government also…
