By Rutherford Investments on September 14, 2011
Published September 9, 2011
After rolling through Labor Day, we continue to have high unemployment. It’s at 9.1 percent, and even President Obama says it will remain high through 2012. If so, Republicans are salivating over the opportunity to retire the president after only one term.
The pundits already are expecting Republicans to gain enough seats to [...]
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Posted in Daily Journal of Commerce | Tagged consumer confidence index, debt crisis, global economy, jp morgan funds, recession
By Rutherford Investments on May 11, 2010
Last month’s column, “Is there any good news among the grim?,” cited several instances of progress on the economic front. April has brought more good news, among still grim employment numbers.
The gross domestic product increased 3.2 percent last quarter. Though positive, the number was smaller than expected and barely maintained the jobs necessary to keep [...]
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Posted in Daily Journal of Commerce | Tagged bank failures, consumer confidence index, economic index, employment numbers, federal tax credits
Market Update
By Rutherford Investments on October 29, 2008
Yesterday the market just had its second largest up day ever; up 889 points. This rise came in spite of historical lows in the consumer confidence index (backward looking and volatile) and a nationwide drop in home prices of 16.6% (a real threat to the economy). The Fed is yet to weigh in with a [...]
...read morePosted in Comments from Bill | Tagged consumer confidence index, economy, market bottom, market valuation, money supply, recession | Leave a response