By Rutherford Investments on May 14, 2012
but employment and consumer spending remain weak
Published May 14, 2012
At the start of the second quarter, the U.S. economy is struggling. Corporate profits provided a surprisingly strong uptick, at greater than 6 percent growth – in line with the 10-year average. However, employment numbers were disappointing. Wages and salaries were weak. The average [...]
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Posted in Daily Journal of Commerce
By Rutherford Investments on April 9, 2012
Published April 9, 2012
For the first quarter of 2012, markets showed strong growth. The S&P was up 12.1 percent, 6.2 percent from the same time a year ago. The Dow was up 8.1 percent, 7.2 percent from a year ago, and the NASDAQ was up 18.7 percent, 11.2 percent from a year earlier.
However, volumes were [...]
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Posted in Daily Journal of Commerce | Tagged consumer confidence, economic gains, energy prices, existing home sales, federal reserve officials, fuel costs
By Rutherford Investments on March 13, 2012
Published March 12, 2012
For the week ending March 2, the Nasdaq and the S&P 500 advanced 0.4 percent and 0.3 percent, respectively, but the Dow retreated a fraction. Both the Nasdaq and the S&P 500 have climbed in eight of the year’s first nine weeks; the Dow has risen six of the first nine.
For the [...]
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Posted in Daily Journal of Commerce | Tagged disposable income, federal reserve, household finances, household income, unemployment rate