Current Economic Overview and Three Key Questions Facing the Market
/in Investing/by Tom 2Although last week was dominated by the temporary resolution in Washington, there were two important takeaways from the domestic and global economic data that was released.
The Economy: A Look Back and What’s Ahead
/in Investing/by Tom 2The ongoing government shutdown delayed several pieces of data last week, so weekly jobless claims and the Federal Open Market Committee minutes were the only two reports released…
An Update on Washington and the Economic Climate
/in Investing/by Tom 2The economic data last week implied the U.S. and global recoveries are still ongoing, but they’ve lost a little momentum from August. The most-watched numbers last week were the U.S. and international manufacturing and service sector PMIs. And across the board, they reflected continued expansion but a slight loss of momentum.
What Washington Dysfunction Means for the Market (It’s not all bad).
/in Investing/by Tom 2The House Saturday night passed a bill that funds the government through Dec. 15, but added a one-year delay on the individual mandate to the “Affordable Care Act” and removed a tax on medical devices. Like the earlier version, this bill is dead in the Senate, so at this point the chances of the federal government shutting down at midnight tonight have increased substantially.
Who’s Right on the Consumer? WMT (Positive) or TGT (Negative)
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: Who’s Right on the Consumer? WMT (Positive) or TGT (Negative)