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Qualitative Rate Guidance for the Feds
09:32:56 - 03/18/2014
Economists are concerned that the Federal Reserve could adopt qualitative rate guidance for signaling when to consider raising its benchmark interest rates. Currently the Federal Reserve is using a “6.5 Unemployment Rate” to signal that it is ok for the benchmark to be moved.
Manufacturing Rises
09:53:53 - 03/17/2014
Factory production in the United States rose in the month of February by the most it has in the past 6 months. This indicates that the industry has not started to recover from severe winter weather. According to Bloomberg, “The 0.8 percent gain at Manufactures followed a revised 0.9 percent slump in the prior month that was the biggest since May 2009.
China Slowdown
12:27:59 - 03/14/2014
The United States economy has caught a very positive stride in economic growth, though one variable poses a big threat to us. The slowdown of the Chinese economy is now being seen as the biggest threat to economic growth of the United States economy. There are several reasons why a economic slowdown in China will damage our domestic economy. China is our major trading partner and with a slowdown in progress, it is only a matter of time before we start to feel the effects domestically.
Retail Sales Increase
10:52:59 - 03/13/2014
Retail sales rose in the month February. It had been 3 months since the last time we saw an increase in retail sales. This is a direct sign that consumers are starting to shake off the poor weather conditions and that consumer spending is increasing. The month of February saw 0.3 percent advancement in retail sales, much better than the month of January, which saw a 0.6 percent dip in sales.
ECB Gives New Guidance
09:55:32 - 03/12/2014
The European Central Bank has given investors new guidance on interest rates going forward. In the past week, the ECB President Mario Draghi stated that outgap was the primary reason as to why the 18-nation euro area would need low rates even after growth and inflation pickup. Many of the board members of the ECB are backing this up, as they are certain that many monetary challenges await the euro in the near future.
Federal Reserve Could Have to Accelerate Tapering
09:03:58 - 03/11/2014
The Federal Reserve might be forced to accelerate the pace of tapering to take into account the current economy pickup and forecast for the near future. Economists are concerned that if acceleration of tapering is not picked up, a crucial opportunity to remove bond buying at a faster and more stable pace will be missed.
Spain Revival, Banks Change Strategy
11:09:49 - 03/10/2014
The Eurozone has been a problematic economy for quite sometime now and its lack of growth has hindered trade growth globally. Lately the Eurozone has managed to put together a pretty impressive recovery and one of the nations that’s in charge of that effort is Spain. Spain is the region’s fourth largest economy and they are now strong enough for lenders to focus on quality rather than quantity.
U.S. Adds Jobs
10:42:22 - 03/07/2014
The U.S. nonfarm payrolls increased jobs by 175,000 in February and beat its expectations. Job growth picked up momentum in February as we are starting to pull away from cold weather situations. This increase in the job rate is a huge rebound from the sluggish numbers we were seeing the past couple of months were employment only increased by 129,000 jobs in January, revised up from 113,000, and 84,000 in December, up from the earlier estimate of 75,000.
Raising the Minimum Wage
10:37:25 - 03/06/2014
Naturally there are pros and cons that come with raising the minimum wage. According to a study conducted by the Center for American Progress, raising the minimum wage would cut the need of food stamps by 4.6 billion per year. That would cut government spending by 4.6 billion per year or 6%! By making such a move the government would instantly be helping low-wage workers and cutting spending dramatically. Clearly, would be the positive of raising the minimum wage.
Obama's Budget Plan
20:55:01 - 03/05/2014
President Obama sent Congress a $3.9 trillion budget blueprint that seeks brand new spending to boost economic growth. Though, this new set budget also aims to tame the national debt by raising taxes on the rich, pressing payments to health-care providers and renovating immigration laws. Republicans immediately rejected the new spending request for 2015.
U.S. Factories Fight Back
09:33:39 - 03/04/2014
One of the most important gauges of a healthy economy is growth in factory production. Factories finally gained traction in February despite the cold weather that had been keep output low. This is a sign that factories are gaining confidence in in the United States economy and other economies over seas. With weather warming up, factory output should be moving in a positive direction for months to come.
Student Loan Dilemma
17:46:21 - 03/03/2014
The amount of student loans taken out in the past decade has increased significantly. Though, the issues are that these loans that are being taken out are not being used for education purposes. The loans are being taken out with little intention of actually getting a degree. People that are being caught in this weak economies unemployment market are enrolling in community colleges and taking out loans to pay for their rent, cover their bills and to enjoy a leisure activity or two.
U.S. Economy Expands at Slow Pace
14:58:02 - 02/28/2014
The U.S. economy expanded at a slower pace than initially estimated in the fourth quarter last year. This slowdown came at the expense of the Federal Reserve announcing spending cuts, bad weather and volatility in over seas economies. Gross domestic product grew at a seasonally adjusted annual rate of 2.4% in the fourth quarter, down form the initial reading of 3.2%.
Future Outlook on Fed Tapering
10:01:33 - 02/27/2014
The Federal Reserve has now made their second cut back on their stimulus plan. Currently, the Feds are 2/2 on cutbacks for the two months that have passed since this tapering commenced at the beginning of 2014. Just because the Feds have tapered the first two months of the year does not necessarily mean they will continue cutbacks without missing a month. There are key signs that the Feds are looking for and those signs are extremely important for investors to recognize.
Hong Kong Eyes Growth from Fed Tapers
13:15:29 - 02/26/2014
Hong Kong’s economy is set to expand at the fastest pace in three years. This expansion comes at a very interesting moment, as the Federal Reserve slows down their bond-tapering program. Growth could easily be in-between 3-4 percent, which would be up a total of 1 percent from last year. This is interesting, as many economists would expect the winding back of U.S. monetary stimulus would add to the risk of volatility in capital flow.

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