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Tag: economy


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06

Nov2008

S&P 500 intrest rates and the economy

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government report tomorrow is forecast by economists to show payrolls shrank by 200,000 workers, the most in five years. It seems that the market is struggling to find the right balance between positioning for Friday's employment report and setting up for next week's Treasury refunding. The Bank of England cut ... Read More
November 6, 2008Joel

05

Nov2008

S&P 500 Economy, debt more, more and more

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The Bush administration's most recent budget forecast, issued in July, projected a $482 billion deficit for the 2009 fiscal year, which started Oct. 1. Since then, the government has taken over mortgage companies Fannie Mae and Freddie Mac, intervened to save insurance company American International Group Inc., and embarked on ... Read More
November 5, 2008Joel

31

Oct2008

Economy, consumers and treasuries SP500 day trading coach

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U.S. consumer spending tumbled in September and a purchasing managers' survey showed the biggest deterioration since 1968, foreshadowing a deepening economic slump. Consumers have thrown in the towel it seems. Some economists think that they have no ... Read More
October 31, 2008Joel