Last Week There were three important economic takeaways last week: First, housing appears to be finally bouncing from its winter dip. Second, capital spending (businesses buying a new machine or some other high-cost investment) continues to not rebound like the rest of the economy has since the winter. Third, inflation has clearly accelerated over the[…]
Sevens Report 6.30.14
Sevens Report 6.27.14
Sevens Report 6.26.14
Sevens Report 6.25.14
Oil holds above $106 on demand prospects
Tom Essaye discusses the outlook for the broad market and the potential for a continued rally in gold mining stocks on FBN’s Varney & Co. with host Stuart Varney.
Sevens Report 6.24.14
Economic data last week were universally better than expected and further implied that the pace of economic growth domestically is accelerating to the best levels since the crisis (referred to as “escape velocity,” or greater than 3% GDP growth). Additionally, we got more signs that inflation is indeed bottoming, via the CPI.
Sevens Report 6.20.14