Fed Beige Book April 11, 2012 Brings QE3 Into Question – Again: The U.S. economy grew moderately according to the Fed Reserve’s Beige Book. The Fed Beige Book was released today and although the economy is growing right now, there is a concern about rising gas prices and the negative impact this could have...
4 Reasons U.S. Stocks Had The Worst Week All Year (Ended April 5 2012): Last week was the worst so far for stocks in 2012. The major U.S. averages all trended downward back to levels before Fed Chairman Ben Bernanke gave hints that more quantitative easing was in the pipeline. The announcement helped markets...
U.S. Economy Adds 120,000 Jobs In March 2012 Below Estimates: QE3 Speculation Rises: The U.S. economy added a mere 120,000 jobs in March 2012 which was way below estimates. The Labor Department said today, U.S. employers added more workers but this was much less than expected with average forecasts at about 200,000 and the...
Has An April 2012 Correction Begun? Stocks were under pressure today and fell globally. The news about the U.S. economy wasn’t bad but the mixed economic data didn’t inspire investors to add to their portfolios. ADP reported stronger employment data than expected. According to the employment report from ADP, jobs increased by 209,000 for the...
March 13, 2012 FOMC Policy Meeting Minutes Tank Stocks, QE3 Less Likely – Car Sales Data Improves: FOMC news trumped positive data from the car manufacturers. The Federal Reserve Banks is still concerned about the housing market and employment. The market was already in a downtrend but the meeting minutes when released help accelerate...
