SubscribeAll Posts Tagged With: "economic report"
Contradictory Economic Reports Whipsaw Investor Expectations
No wonder this economy is so hard to figure out: The economic reports are as volatile as the economy itself.
Just when the dreaded “R” word seemed to be creeping back into the daily office chatter, a few economic reports last week seemed to reaffirm that the enhanced pessimism may be a tad bit early.
In the second quarter, gross domestic product (GDP) grew at a 3.3% pace, a significant upward revision from the 1.9% growth rate reported last month. While analysts were hoping that the summer tax rebates would provide more of a boost than initially posted, most were…
2Sep2008 | Money Morning | Comments Off | ContinuedTalks About Inflation and Interest Rates Will be on the Front Burner This Week as Economic Speculation Resumes
You can bet there will be a lot of discussion about interest rates this week, thanks to the release of the producer price index (PPI) report tomorrow (Tuesday) and the U.S. Federal Reserve meeting minutes on Wednesday.
The PPI report will undoubtedly rekindle the inflation-versus-recession debate (with more than a few comments about stagflation thrown in for good measure).
While the wholesale inflation gauge (PPI) provides another look into how escalating food and energy prices are impacting the economy, the most recent moves in oil and gas may not be factored in for another month or two.
On an optimistic…
19May2008 | Money Morning | Comments Off | Continued
Loading ...
