tag:blogger.com,1999:blog-2712194066292824771Fri, 01 Nov 2024 11:51:41 +0000Economic HealthStock MarketUnemploymentFinancial CrisisInterest RateBond MarketHousing CrisisConsumer PricesBankingConsumer-ConfidenceCurrencyOil PriceMortgageFederal BudgetInternationalInvestment SecuritiesLeading Economic IndicatorsBusinessHealth CareLoanRetail SalesWorld Economyeconomic indicators, stock market report & investment news for investorshttp://myvoiceoflife.blogspot.com/noreply@blogger.com (Unknown)Blogger145125tag:blogger.com,1999:blog-2712194066292824771.post-4736296152270833646Tue, 13 May 2014 14:45:00 +00002014-05-13T10:45:57.095-04:00Stock MarketU.S. stocks inched up on Tuesday to all-time highs after the opening bell, highlighted by the S&P 500 conquering the 1900 threshold for the first time on record a day after benchmark indexes finished at record highs. http://myvoiceoflife.blogspot.com/2014/05/s-500-conquers-1900-for-first-time.htmlnoreply@blogger.com (Unknown)1tag:blogger.com,1999:blog-2712194066292824771.post-8089921681105119077Wed, 31 Oct 2012 23:41:00 +00002012-11-02T19:42:46.068-04:00Economic HealthAmerica’s economy rose at a 2% annual pace in the third quarter, reported the Bureau of Economic Analysis this on October 26. It marks an acceleration from a second quarter in which growth clocked in at just 1.3%. The acceleration itself is encouraging. So too are some of the sources of that acceleration. Consumers continue to pull their weight, and an 8.5% rate of growth of durable goods http://myvoiceoflife.blogspot.com/2012/10/americas-economy-accelerated-third.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-8035076257864258065Thu, 13 Sep 2012 17:07:00 +00002012-09-13T19:39:40.904-04:00BankingBond MarketInterest RateMortgageStock Market The Federal Reserve on Thursday announced that it is launching a new program of open-ended bond purchases, so-called QE3, saying it will buy $40 billion of agency mortgage-backed securities each month as long as the economy needs it, starting Friday. It's also keeping in place so-called Operation Twist, which consists of swapping short-dated securities for longer-term securities, as well as http://myvoiceoflife.blogspot.com/2012/09/fed-announces-open-ended-bond-purchases.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-6735798409032318945Sat, 28 Jul 2012 15:07:00 +00002012-07-29T23:08:32.888-04:00Economic Health  The latest government statistics showed that the United States economy expanded by a simply 1.5 percent annual rate in the second quarter. It has lost the momentum it appeared to be building earlier this year. The government also provided on Friday a revised figure for first-quarter G.D.P., saying the economy then grew by a 2 percent annual rate. The previous estimate was 1.9 percent. The http://myvoiceoflife.blogspot.com/2012/07/us-economic-growth-slows-to-15-in-q2.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-6829591397814678745Fri, 06 Jul 2012 01:17:00 +00002012-07-05T21:17:49.704-04:00BankingInterest RateInternationalLIBOR (the London inter-bank offered rate) scandal that involves Barclays, a 300-year-old British bank, is beginning to assume global significance. Over the past weeks damning evidence has emerged, in documents detailing a settlement between Barclays and regulators in America and Britain that employees at the bank and at several other unnamed banks tried to rig the number time and again over a http://myvoiceoflife.blogspot.com/2012/07/libor-rigging.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-1580920400979165821Mon, 25 Jun 2012 14:13:00 +00002012-06-25T20:14:10.613-04:00BankingBond MarketEconomic HealthInterest RateThe Federal Reserve on June 20th it announced its seventh installment of unconventional monetary policy since running out of orthodox ammunition in late 2008, when short-term interest rates fell, in effect, to zero. It would purchase $267 billion of long-term bonds by the end of the year, paid for from the proceeds of sales of short-term bonds already in its portfolio. The move extends a program,http://myvoiceoflife.blogspot.com/2012/06/operation-twist-extension-latest-round.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-8327816861333411017Fri, 22 Jun 2012 00:48:00 +00002012-06-21T20:48:59.705-04:00BankingBond MarketBusinessStock MarketMoody’s Investors Service on Thursday slashed the credit ratings of 15 large financial firms. Citigroup and Bank of America, two United States banks that were hit hard in the financial crisis, are now rated only two notches above junk. While Morgan Stanley avoided a worst-case scenario of a three-notch downgrade, its rating slipped by two levels. The downgrades are a serious blow for the banking http://myvoiceoflife.blogspot.com/2012/06/moodys-slashed-credit-ratings-of-big.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-4576721558830649287Tue, 15 May 2012 01:29:00 +00002012-05-14T21:30:53.697-04:00BankingBond MarketStock MarketJPMorgan Chase CEO Jamie Dimon on Thursday revealed that the banking giant lost a $2 billion due to a massive trade that went sour, and that the losses could climb by another $1 billion in the coming days. Mr. Dimon said on Thursday that JPMorgan’s “synthetic credit portfolio,” an amalgam of derivatives and hedging bets that blew up in recent weeks, was part of “a strategy to hedge the firm’s http://myvoiceoflife.blogspot.com/2012/05/jpmorgan-2-billion-loss.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-457719320420926257Sat, 12 May 2012 16:52:00 +00002012-05-12T23:25:45.274-04:00BankingBond Market S&P cuts outlook on J.P. Morgan to negative Standard & Poor's said late Friday it lowered its ratings outlook on J.P. Morgan Chase to negative from stable because of the bank's unexpected $2 billion loss on derivatives. S&P kept its A/A-1 issuer credit ratings on the bank and its A+/A-1 ratings on its subsidiaries. S&P said it could lower its ratings by a notch if its http://myvoiceoflife.blogspot.com/2012/05/s-fitch-lowered-jp-morgan-rating-due-to.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-8893687024578258706Thu, 10 May 2012 22:51:00 +00002012-05-10T20:53:05.088-04:00Federal BudgetThe U.S. government posted its first monthly budget surplus of $59 billion in April since September 2008, thanks to increase in tax receipts and decrease in spending on education, Medicare and certain defense programs. The government spent $260 billion in April, $70 billion less than in the same month in 2011. Receipts in April were $319 billion, up $29 billion from a year ago. For the fiscal http://myvoiceoflife.blogspot.com/2012/05/first-us-budget-surplus-in-past-four.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-1952536153990867463Fri, 20 Apr 2012 17:51:00 +00002012-04-22T13:57:47.271-04:00Federal BudgetWorld Economy The global economy prospects are slowly improving, according to the IMF, which released new forecasts this week. World GDP is set to rise by 3.5% this year, and by 4.1% in 2013. Emerging markets will sparkle, and America will grow by an improved 2.1%. The IMF sees several risks ahead: the euro crisis and fiscal austerity in the rich world, upheaval in the Middle East and the possibility of a http://myvoiceoflife.blogspot.com/2012/04/global-economy-prospects-improving.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-1046868188522591568Sat, 14 Apr 2012 00:05:00 +00002012-04-15T20:19:54.303-04:00Consumer Prices Consumer prices increased 0.3 percent last month, the department said on Friday. Gasoline prices rose 1.7 percent, a slowing from February when costs at the pump rose more than three times as quickly. The inflation outstripped wage gains remains. Workers’ earnings fell 0.4 percent in March after adjusting for the increase in prices. Core inflation, which strips out food and energy prices, http://myvoiceoflife.blogspot.com/2012/04/inflation-surpassed-earnings.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-4977397721911256284Wed, 21 Mar 2012 14:37:00 +00002012-03-21T10:37:58.671-04:00BusinessStock MarketBusinesses capitalize New York Knicks point guard Jeremy Lin’s phenomenal success The Linsanity  started in February 2012 when Jeremy Lin unexpectedly led a winning streak by New York Knicks while being promoted to the starting lineup. The Linsanity influence resonates beyond basketball court. It penetrates stock market, sales, and marketing, according to SmartInMoney.com. Jeremy Lin is a http://myvoiceoflife.blogspot.com/2012/03/linsanitys-economic-clout.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-8355968133612414270Wed, 14 Mar 2012 19:26:00 +00002012-03-14T15:26:31.102-04:00BankingFinancial Crisis 15 of 19 banks passed stress tests, but Citigroup, Suntrust Banks, Ally and Metlife failed! The Federal Reserve said 15 of the 19 largest U.S. banks pass stress tests, or Comprehensive Capital and Analysis Review (CCAR), as they could maintain adequate capital levels even in a recession scenario in which they continue paying dividends and buy back stock. Four banks, including Citigroup, have http://myvoiceoflife.blogspot.com/2012/03/15-banks-passed-feds-stress-tests.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-7139380128265310912Wed, 07 Mar 2012 23:57:00 +00002012-03-07T23:10:12.295-05:00Bond MarketConsumer PricesEconomic HealthInterest Rate The Federal Reserve is considering a new type of bond-buying program designed boost the economy in the months ahead while curbing future inflation, according the Wall Street Journal. Federal Reserve officials have used different types of bond-buying programs since 2008. All of them are aimed to drive down long-term interest rates to spur investment and spending by businesses and households. Nowhttp://myvoiceoflife.blogspot.com/2012/03/fed-considers-sterilized-bond-buying-to.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-7302993606277440515Wed, 29 Feb 2012 21:17:00 +00002012-02-29T16:17:58.113-05:00Economic Health The U.S. economy growth in fourth quarter 2011 was stronger than originally thought as consumers increased their spending and businesses stocked up their inventories. Gross domestic product (GDP), the broadest measure of the nation's economy, grew at a 3% annual rate in the last quarter of 2011, the Commerce Department reported Wednesday. The government had initially reported the economy http://myvoiceoflife.blogspot.com/2012/02/us-economy-grew-faster-in-fourth.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-7587017713376831108Wed, 29 Feb 2012 19:51:00 +00002012-02-29T14:51:20.832-05:00Economic HealthInternational The debts of the European Union (E.U.) countries have been rising to dangerously high in the past decade causing the current Europe's debt crisis. Greece and Italy have had high levels of debt since 2000, according to Smartinmoney.com. Now more than a half of the E.U. countries carry debts exceed the European Commission limit, which is 60 percent of gross domestic product (GDP). Greece’s debthttp://myvoiceoflife.blogspot.com/2012/02/rising-european-debts.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-3680840506164223487Tue, 28 Feb 2012 16:58:00 +00002012-02-28T11:59:24.112-05:00Bond MarketEconomic HealthInternational ~ Smartmoney.com ~ Ratings agency Standard & Poor's (S&P's) cut Greece's long-term credit rating on Monday to selective default from already junk-level CC category. It is a result of debt write-off deal with private creditors that is part of a second EU bailout of the country. The rating firm says their move was triggered by the terms Greece put in the tentative deal agreed http://myvoiceoflife.blogspot.com/2012/02/greece-in-default.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-2067355906734821140Sat, 18 Feb 2012 16:40:00 +00002012-02-21T11:41:05.289-05:00Unemployment A $143 billion economic package to extend the payroll tax holiday and unemployment benefits Large bipartisan coalitions in both the House and Senate passed a $143 billion economic package that includes a year-long extension of the payroll tax holiday for 160 million workers, just as Obama had requested more than five months ago, and also extends unemployment benefits for millions of others. Onhttp://myvoiceoflife.blogspot.com/2012/02/congress-passes-economic-stimulus-of.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-5207432358145298630Fri, 17 Feb 2012 18:00:00 +00002012-02-19T13:05:57.197-05:00Stock Market Facebook Inc. is in a quiet period after it filed paperwork on Feb. 1 with the U.S. Securities and Exchange Commission (SEC) to raise $5 billion in an initial public offering (IPO). Federal rules limit what company executives can say in public after companies file form S-1 to register their securities with the (SEC). The social networking site is just beginning a months-long effort that http://myvoiceoflife.blogspot.com/2012/02/facebook-takes-typical-ipo-route-for.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-4770769617441278265Sat, 04 Feb 2012 01:20:00 +00002012-02-03T20:20:28.387-05:00Stock MarketU.S. blue-chip index, Dow Jones Industrial Average (DJIA), broke through to its highest close since May 2008, back before the Lehman Brothers Holdings Inc. collapse, as investors increasingly put aside fears of economic calamity and focused again on fundamentals.Reports of a three-year low in unemployment and other positive developments Friday pushed the Dow ahead 156.82 points, or 1.23%, to http://myvoiceoflife.blogspot.com/2012/02/blue-chip-dow-at-3-year-high.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-8492068306583993404Fri, 03 Feb 2012 19:00:00 +00002012-02-03T20:21:54.213-05:00Stock Market The social media giant Facebook is finally opening its doors to public investors. In the most enthusiastically awaited stock market flotation for years, Facebook eventually began the process of its initial public offering (IPO). Facebook, the world’s largest social-networking site, is in quest of raising $5 billion in the IPO. That is about half the amount that analysts had speculated, but thehttp://myvoiceoflife.blogspot.com/2012/02/facebooks-ipo-numbers-charts.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-6622966558699394610Fri, 27 Jan 2012 17:05:00 +00002012-01-27T19:45:44.438-05:00Economic HealthU.S. Economic Recovery Slowly Gained Momentum in Late 2011 Preliminary government estimates that the U.S. economy grew 2.8% in the final three months of 2011, propelled by increases in consumer spending and business inventories. The pace of growth was faster than in the third quarter, when gross domestic product expanded at an annual rate of 1.8 percent. The increase in gross domestic product http://myvoiceoflife.blogspot.com/2012/01/preliminary-estimate-us-gdp-grows-28-in.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-6141328693479824263Wed, 25 Jan 2012 22:33:00 +00002012-01-26T13:39:04.440-05:00Economic HealthInterest RateUnemploymentThe Federal Reserve, declaring that the economy would need help for years to come, said Wednesday it would extend by 18 months the period that it plans to hold down interest rates in an effort to stimulate growth. The Fed planned to keep short-term interest rates near zero until late 2014, continuing the transformation of a policy that began in the winter of 2008 into a six-year campaign to http://myvoiceoflife.blogspot.com/2012/01/fed-signals-to-keep-rates-near-zero.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-2712194066292824771.post-6982669958586397871Mon, 16 Jan 2012 14:00:00 +00002012-01-26T13:39:59.062-05:00Bond MarketEconomic HealthInterest Rate Standard & Poor's decision to strip France of its AAA credit rating and downgrade eight other Euro zone countries slammed a continent struggling with a debt crisis and an economic slowdown. Here is the map of countries affected by the S&P ratings downgraded on Jan. 13. The downgraded ratings range from AA+ for France & Austria to BB for Portugal. Standard and Poor's Credit http://myvoiceoflife.blogspot.com/2012/01/map-of-s-downgraded-ratings-for-9.htmlnoreply@blogger.com (Unknown)0