Confidence

Recent Posts

Charles Brown
12 Apr, 2013 | 01:31 PM
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From The Trading Floor: Disappointing retail sales and lower consumer confidence have markets trading lower before the weekend after the markets sent new records the previous day Retail sales fell the most in close to 9 months in March as employment slowed and consumers ended the quarter in cautious territory. Retail sales fell by 0.4% in March and -0.1% less Autos and Gas ...
Charles Brown
26 Feb, 2013 | 11:13 AM
69,794 Views
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Breakfast Bites: Markets are surging this morning on bullish data from the housing market in combination with renewed consumer confidence and ahead of Fed Chairman Ben Bernanke's testimony to the Senate Banking Committee Home prices in 20 U.S. cities rose by 0.9% in the 12 months to December, the most in almost 6 years a sign the housing recovery is strengthening Richmond Fed Factory Index came in at 6 better than the expected -4 ...
Charles Brown
8 Jan, 2013 | 02:05 PM
114,420 Views
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Breakfast Bites: Investors are sitting on their hands this morning ahead of 4th quarter earnings season that kicks off after the close today with Alcoa’s release. S&P 500 companies are expected to post earnings growth of 2.8 percent for the fourth quarter, up from the barely positive 0.1 percent growth in the third quarter.  ...
Charles Brown
21 Dec, 2012 | 11:11 AM
132,811 Views
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Breakfast Bites: Equities opened up in negative territory this morning after the failure of the “Plan B” vote in the House of Representatives tempered hope that a deal to resolve the fiscal cliff would be reached quickly Chicago Fed National Activity Index rose to 0.10 for November Personal Income rose 0.6% in November, the most since February. This despite the fact that superstorm Sandy cut pay by about $182 billion at an annual rate in October ...
Charles Brown
18 Dec, 2012 | 11:14 AM
135,308 Views
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Breakfast Bites: Optimism that the President and Republicans will reach agreement on a new budget has equities trading marginally in the green this morning The current account deficit in the US narrowed in the 3rd quarter by 9%, the lowest since the fourth quarter of 2010, helped by slowing imports Confidence among US homebuilders climbed in December to 47, the 8th straight month, reaching its highest level in more than 6 years. ...
Charles Brown
7 Dec, 2012 | 11:06 AM
144,448 Views
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Breakfast Bites: Better than expected November jobs report and  a 4 year low in the unemployment rate have the market advancing following a 2 day rally in the S&P 500 that could potentially lead to positive gains for the week. This is being balanced, however, against a decline in consumer sentiment for December ...