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| | | ... Reserve Districts - indicate that economic activity is improving yesterday. There was more testosterone for the market last night with US unemployment claims falling to 550,000 - they were expected to fall to 560,000 - from 576,000 in the previous week. ... |
| | | | ... faces, the new PM should focus on turning around the deteriorating labour market and renewed deflationary pressures. Last night, the OECD chief economist Jorgen Elmeskov predicted that there is no serious risk of deflation among developed economies. ... |
| | | | ... the words of Homer (Simpson, that is, "mmmm...bargains!" September's curse is in full swing. Wall Street dipped again last night. Why? Please explain? If you believe the spin, it was because stocks are overvalued, the US recovery would be sooo slow ... |
| | | | ... as it was two quarters ago, but it's still not clear." But I bet - no, I'm sure - that if the Street rallied the previous night, the quote would print, "The future for the banks is not as muddy as it was two quarters ago." See how a few words could change ... |
| | | | ... goods orders rose by 4.9 per cent in July. Better, the rise in orders was reflected nearly across the board. Likewise, last night's US housing data confirms previous reports of a turnaround in the sector. New home sales rose by 9.6 per cent to 433,000 ... |
| | | | It's not exactly perfecta, but a tri-fecta of positive news released last night and a negative one-fecta further strengthens the case that the US economy is forging forward. "I'll be back!" US President Barack Obama announced his nomination of Chairman ... |
| | | | ... Virginia, I'm getting tired and very ill with all these discussions. For me, a recovery is a recovery is a recovery. Last night, dear old Professor Nouriel Roubini was back in the headlines after publishing his op-ed in the Financial Times entitled ... |
| | | | ... me." "And the reason is clear." Equities in America (and most of the globe) continued to bask under the warm glow of the night before when the US Federal Reserve gave a positive assessment and outlook for the US economy. And the world is shaping up to ... |
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