The Entrusted Steward

U.S. Jan. ISM factory index jumps to 58.4% - MarketWatch

2010-02-01T09:50:00.000-08:00

Not what we are looking for in a recovery. This is a reoccuring pattern, I tell you. Business are cutting jobs and becoming more profitable, while the unemployment rate continues to go up.U.S. stocks begin lower as jobless claims rise - MarketWatch: "U.S. stocks opened lower Thursday after a rise in weekly jobless claims dented hopes about Friday's employment report for January."var addthis_pub="

U.S. jobless claims up in latest week - MarketWatch

2010-01-14T06:52:00.000-08:00

Most countries are now shrinking in population. If the US continues to have population growth then eventually these housing numbers will start to recover and they should recover nicely from where they are now.U.S. housing starts slip 4% in December - MarketWatch:"Capping the worst year for housing since the end of World War II, U.S. housing starts fell 4% to a seasonally adjusted annual rate of

Jobless claims edge up 1,000 to 434,000 - MarketWatch

2010-01-07T12:59:00.000-08:00

Either the economy is going to follow the market (and rebound) or the other way around.U.S. Dec. nonfarm payrolls drop by 85,000 - MarketWatch: "During 2009, payrolls fell by 4.2 million. Since the recession began two years ago, payrolls have fallen by 7.3 million. The official unemployment rate remained at 10% in December. An alternative gauge of unemployment, which includes discouraged workers

Weekly unemployment claims drop 22,000 to 432,000 - MarketWatch

2009-12-31T05:52:00.000-08:00

The bottomline is that mortgage rates are still slightly higher or even with last year. I think interest rates are going to rise at some point due to the government quantitative easing and debt levels.Freddie Mac: 30-yr mortgage rate rises to 5.14% - MarketWatch: "Freddie Mac /quotes/comstock/13*!fre/quotes/nls/fre (FRE 1.38, -0.04, -2.82%) said Thursday the 30-year fixed-rate mortgage average

30-year motgage jumps back over 5% - MarketWatch

2009-12-25T16:59:00.000-08:00

Home prices are still lower than they were 1 year ago, in most cities. So now is still a good time for appropriate buyers.Home prices flat in October, Case-Shiller finds - MarketWatch: "Prices in all 20 cities were lower in October 2009 than in October 2008."var addthis_pub="4a1c999f652f5cfe";

New home sales fall 11;3% as subsidy ends - MarketWatch

2009-12-23T11:53:00.000-08:00

This much money should lead to higher interest rates, much higher.Senate approves short-term debt ceiling increase - MarketWatch: "Senators on Thursday voted to approve a short-term increase in the U.S. debt limit, boosting it to $12.4 trillion. The increase of $290 billion only extends borrowing capability through February, however, so lawmakers will need to revisit the debt ceiling next year."

Seven U.S. banks closed; 2009 failures at 140 - MarketWatch

2009-12-19T07:32:00.000-08:00

The government appears to be navigating this recession with incredible skill but will it last? Are higher interest rates coming?U.S. Nov. existing home sales rise 7.4% - MarketWatch: "Home buyers rushed to qualify for an expiring federal tax credit, boosting resales of U.S. homes by 7.4% to a 6.54 million seasonally adjusted annual rate, the National Association of Realtors reported Tuesday. The

Leading Economic Indicators rise 0.9% in November - MarketWatch

2009-12-17T08:16:00.000-08:00

Most of us can't truly understand how Japan can remain in a deflationary economy after lowering and keeping interest rates so low for 20+ years. It goes against everything we have learned through economist like Milton Friedman. But what we learn and what happens are sometimes 2 different things. Right?Bank of Japan leaves economic assessment unchanged - MarketWatch: "The Bank of Japan Friday

Fed stands pat on key points at last '09 meeting - MarketWatch

2009-12-16T13:01:00.000-08:00

Jobsless claims typically do go up in December, so this doesn't have much of a negative meaning.U.S. jobless claims rise in latest week - MarketWatch: "First-time claims for state unemployment benefits rose unexpectedly in the latest week, the Labor Department reported Thursday. The number of initial claims in the week ending Dec. 12 rose 7,000 to 480,000."var addthis_pub="4a1c999f652f5cfe";

Consumer sentiment soars in early Dec - MarketWatch

2009-12-11T07:49:00.000-08:00

Is this the beginning of hyper inflation? Or just normal inflation from having a fiat currency system?Producer prices rise 1.8% in Nov on energy prices - MarketWatch: "Wholesale prices rose a larger-than-expected 1.8% in November after seasonable adjustments, with energy prices accounting for about three-fourths of the increase, the Labor Department reported Tuesday. The producer price index has

Initial jobless claims rise 17,000 to 474,000 - MarketWatch

2009-12-10T06:53:00.000-08:00

I tell you what the good news just continues to flow right on in. And stocks continue to rise with the news.Nov retail sales up for third month in last four - MarketWatch: "U.S. retail sales rose a better-than-expected 1.3% in November for third monthly increase in the past four months, the Commerce Department estimated Friday. The sales gains were widespread across most kinds of retail outlets,

December Best Month For Stocks

2009-12-04T12:11:00.000-08:00

The ants go marching one by one hoorah, hoorah,...then they all came tumbling down!Two bank failures bring year's U.S. tally to 126 - MarketWatch: "Two Georgia bank failures brought the U.S. bank failure tally to 126, according to the Federal Deposit Insurance Corporation."var addthis_pub="4a1c999f652f5cfe";

Unemployment rate falls to 10% in November - MarketWatch

2009-12-04T06:37:00.000-08:00

There is no debate that most of the economic facts are pointing to an improving USA economy. But, if this recovery continues, will we have dangerous inflation? That is the question!Unemployment rate falls to 10% in November - MarketWatch: "The U.S. labor market improved markedly in November, with the unemployment rate falling back to 10% and job losses shrinking to the lowest level in nearly two