improving economy Archives

Varying Interest

By Econ70 | 07/15/2013

All interest rate increases aren’t created equal. A rise in 10-year treasury rates from 2%, where they are now, to 3% or 4% is a sign of improving business conditions and opportunities resulting from a strengthening economy. By contrast, a rise in rates from, say, 5% to 7% or 8% is a sign of an…

Week is Strong

By Econ70 | 04/02/2013

Personal income rose 1.1%, consumer spending jumped a robust 0.7%, the Fed’s preferred inflation gauge rose just 1.3% over the past year, consumer confidence increased, GDP for Q4 was revised up by 0.3% and house prices rose 8% year-on-year! But, unemployment claims were a bit higher, house sales fell a tad and savings remains painfully…