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Eurozone Consumer Confidence Drops to 5-Year Low
Monday, July 23, 2012 - 1:36pm | 250Data released Monday from the European Commission showed that consumer confidence dropped to a five-year low in July. The drop in consumer confidence signals that the European Debt Crisis and recession continue to dampen consumer expectations and limit consumption growth. The European Commission...
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Unemployment Rate No Longer a Good Market Indicator
Friday, July 13, 2012 - 3:35pm | 852By Dennis Dick, PreMarketInfo.com Through the years, the mainstream media has chosen to emphasize different economic reports as the tell-all signal for the future direction of the stock market. Much attention is paid to the GDP, Consumer Confidence, Trade Deficit, Housing and other various...
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Wheeee! We Go Down The Bowl Last!
Monday, December 12, 2011 - 1:18pm | 294This is amusing to wake up to on a Monday morning.... The strengthening U.S. economy is proving no deterrent to the biggest rally in Treasuries since 2008, and America's largest bank says it may get even better for bond investors. Uh huh. It's called "fear" and it's been driving money into the...
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How the University of Michigan is Increasing the Price of Gold and Silver
Friday, June 17, 2011 - 11:38am | 436On Friday, The University of Michigan's report on consumer confidence was released. According to the report, inflation expectations rose to 3.0% from 2.9%, the second highest figure in 2011. Silver jumped nearly $0.30 in seconds to approach $36, while gold rose roughly $10. Historically,...
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Previewing Today's Economic Reports
Tuesday, May 31, 2011 - 9:26am | 143Stock market futures are soaring on news of a potential second Greek bailout program, as well as better than expected economic news out of Japan. There are two important economic reports coming out in a little bit that will greatly impact the trading day. The most important number is the Chicago...
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March Consumer Confidence Comes In 63.4 At Versus 65.0 Estimates
Tuesday, March 29, 2011 - 10:00am | 13March Consumer Confidence just crossed and it came in at 63.4, versus expectations of 65.0.
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February Economic Numbers Blow Out Estimates
Tuesday, February 22, 2011 - 11:02am | 58February consumer confidence data was just released, and it came in much better than expected. It came in at 70.4 versus estimates of 67.0. January's consumer confidence was revised up to 64.8. The February Richmond Fed index came in at 25 versus expectations of 18. The Dow is off 57 points, the...
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Consumer Confidence Better Than Expected
Tuesday, January 25, 2011 - 11:01am | 56Consumer confidence was just released, and results came in better than expected. Economists had expected a reading of 53.5 for the month of January, and instead the reading was 60.6. Stocks are modestly lower on the back of the results. The Dow is off 9 points, the S&P 500 is lower by 1 point...
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Consumer Confidence Better Than Expected
Tuesday, November 30, 2010 - 11:02am | 65Consumer confidence was just released for November, and it was much better than expected, and stocks are peeling back losses as a result. November consumer confidence came in at came in at 54.1, much better than the 52.0 economists were expecting. October was revised to 49.9. At last check, the...
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Decline in Consumer Confidence
Tuesday, September 28, 2010 - 12:44pm | 157The Conference Board reported on Tuesday that US consumer confidence continued to be “quite grim.” The monthly gauge moved down to its lowest since February, to 48.5 in September. Director of the Conference Board's consumer research center, Lynn Franco said, “September's pullback in confidence was...