The Entrusted Steward

Bank of England boosts quantitative easing program - MarketWatch

2009-11-05T09:09:00.000-08:00

This is bad news but it is exactly what most of us expected. We know that the job market is the weakest it has been in years. Certianly that I have ever seen since being an adult.Unemployment rate hits 10.2% in October - MarketWatch: "The U.S. unemployment rate climbed to 10.2% in October, topping the 10% mark for the first time in 26 years, the Labor Department reported Friday. Nonfarm payrolls

Factory orders rise 0.9%, 5th increase in 6 months - MarketWatch

2009-11-03T07:24:00.000-08:00

To me, the unemployment rate is the most important thing to watch in determining if we are truly having an economic recovery.Private-sector jobs fall by 203,000 in Oct.: ADP - MarketWatch: "Private-sector firms in the U.S. cut 203,000 jobs in October, according to the ADP employment report released Wednesday. It was the fewest jobs lost since July 2008. In September, a revised 227,000 jobs were

U.S. consumer spending retreats after clunkers - MarketWatch

2009-10-30T06:30:00.000-07:00

Rut-ro!VIX jumps 22% to July levels as stocks sink - MarketWatch: "The CBOE's Volatility Index, often used to gauge fear among stock investors, surged Friday as stocks sold off sharply, dragged down by big gains the prior session and investor worries about the potential bankruptcy of CIT Group. /quotes/comstock/13*!cit/quotes/nls/cit (CIT 0.79, -0.16, -16.87%) The VIX /quotes/comstock/20m!i:vix (

U.S. jobless claims inch lower in latest week - MarketWatch

2009-10-29T07:01:00.000-07:00

OK here comes inflation? I'm not 100% sold yet.U.S. GDP rises 3.5% as stimulus kicks in - MarketWatch: "The U.S. economy expanded at a 3.5% annual pace in the third quarter, as massive government stimulus helped drag the economy out of the longest and deepest recession since the 1930s, the Commerce Department estimated Thursday."var addthis_pub="4a1c999f652f5cfe";

Oct. consumer confidence falls for second month - MarketWatch

2009-10-27T12:34:00.000-07:00

Considering the supply of home being so low. The housing market could be nearing a bottom.Sept. new home sales drop first time in 6 months - MarketWatch: "U.S. new home sales unexpectedly fell 3.6% in September, the Commerce Department estimated Wednesday. The decline in new-home sales to a seasonally adjusted annual rate of 402,000 was well below the 438,000 pace expected by economists surveyed

U.S. existing-home sales rise 9.4% to 5.57 million - MarketWatch

2009-10-23T07:29:00.000-07:00

Are home prices starting back up?U.S. home prices rise 1.2% in Aug.: Case-Shiller - MarketWatch: "The market value of U.S. homes in 20 major cities rose by 1.2% compared with July, the fourth monthly increase in a row, according to the Case-Shiller home price index released Tuesday by Standard & Poor's. In August prices rose in 17 of 20 cities. In the past year, prices are down 11.3% in the 20

U.S. leading indicators up 1% in September - MarketWatch

2009-10-22T07:22:00.000-07:00

Is it possible the recession is over? To me, with all the merchandise that Amazon sales, this is a huge economic indicator.Amazon earnings jump in third quarter - MarketWatch: "Amazon.com Inc. said Thursday afternoon that third-quarter earnings surged 68% thanks to a strong increase in sales."var addthis_pub="4a1c999f652f5cfe";

U.S. Sept. industrial production up 0.7% - MarketWatch

2009-10-16T09:13:00.000-07:00

This may be a seasonal thing as we move out of the main home buying season.U.S. Sept. housing starts flat at 590,000 - MarketWatch: "New construction on U.S. housing units was essentially flat in September"var addthis_pub="4a1c999f652f5cfe";

General Electric profit slumps 44% - MarketWatch

2009-10-16T09:05:00.000-07:00

Are we getting ready for another deflationary pull back?Consumer sentiment pulls back in early Oct, UMich - MarketWatch: "Consumer sentiment pulled back in early October, according to media reports on Friday of the Reuters/University of Michigan index. The consumer sentiment index fell to 69.4 from 73.5 in September. The decrease was sharper than expected."var addthis_pub="4a1c999f652f5cfe";

Except for autos, U.S. Sept. retail sales healthy - MarketWatch

2009-10-14T13:51:00.000-07:00

How much longer can this refinancing craze go on? I guess until rates hit 1%, then we will finally have to pay the piper like Japan for a decade or 2!Freddie Mac: 30-year mortgage rate stays under 5% - MarketWatch: "Freddie Mac said Thursday that the 30-year fixed-rate mortgage average remained below 5% for the third week in a row. The average was 4.92%, with an average 0.7 point, for the week

Freddie Mac: 30-yr mortgage average still falling - MarketWatch

2009-10-08T08:48:00.000-07:00

Certainly more good news that the economy does indeed appear to be recovering. But can it last with all this money that is being printed?Trade gap narrows on drop in crude imports - MarketWatch: "The U.S. trade gap unexpectedly narrowed in August to $30.7 billion on a big drop in imports of crude oil, the Commerce Department reported Friday. Imports fell by $913 million, or 0.6%, to $158.9

U.S. Sept. ISM services highest since May 2008 - MarketWatch

2009-10-05T09:46:00.000-07:00

i call the unemployment rate "the pudding" and certainly this is proof in the pudding that there is a recovery occuring right now.U.S. initial jobless claims drop 33,000 to 521,000 - MarketWatch: "The number of initial claims for state unemployment benefits fell by 33,000 to a seasonally adjusted 521,000 in the week ending Oct. 3, the Labor Department reported Thursday. It's the fewest initial

Chart of the Day - Number of US jobs at early 2000 level

2009-10-03T13:53:00.000-07:00

I love you the same as yesterday, not more.Chart of the Day - Number of US jobs at early 2000 level: "In fact, the number of US jobs is currently at level first seen in early 2000."var addthis_pub="4a1c999f652f5cfe";