Weekly Economic and Market Review
It was a light week for economic data and what we did get served more to confuse than clarify. Market action seems to indicate that the data at this point is basically irrelevant anyway as all the market’s attention is focused firmly on the potential actions of the Federal Reserve. There appears to be a .. read more
On October 3rd, 2010,
posted in: Economy by Joseph Y. Calhoun Tags: case shiller, chicago pmi, construction spending, consumer confidence, economic analysis, economic data, emerging market currencies, foreign stocks versus us stocks, hoenig dissent, india stocks, indonesia stocks, ism manufacturing index, jobless claims, korea stocks, personal income and outlays, plosser federal reserve, poland stocks, polish stocks, real estate inflation, redbook retail sales, russia stocks, savings rate, thailand stocks, turkey stocks, us dollar policy
FOMC Statement
Full text of the FOMC post meeting statement: Information received since the Federal Open Market Committee met in January suggests that economic activity has continued to strengthen and that the labor market is stabilizing. Household spending is expanding at a moderate rate but remains constrained by high unemployment, modest income growth, lower housing wealth, and .. read more
