Category Archives: GDP

FLP Market Update 9

Stocks rose for the fourth straight week on the backs of a strong jobs report and positive earnings. The S&P 500 and NASDAQ reached new all-time closing highs. The U.S. economy added 128,000 new jobs in October, well over analysts’ … Continue reading

Posted in Fed, GDP, Global News, macro-economic, stock market, Uncategorized, Unemployment Rate | Leave a comment

INDIA’S GROWTH SLUMP

Asia’s third largest economy has slashed its key lending rate to 5.15%, a nine-year low, in the presence of the slowing global economy and a decline in its consumer demand. As a result of the decline in consumer demand, debt-ridden … Continue reading

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U.S. Consumer Confidence Brightens

U.S. consumer sentiment, published by University of Michigan survey every month, is at 100.8 – one of the highest number recorded in recent years, representative of a 6.0% year over year change. An index number of 100 represents the conditions … Continue reading

Posted in Consumer Confidence, Consumer Spending, dollar, dollar general, Fed, Federal Reserve Bank, Forecasts, GDP, Global News, Global Trade, Macro/Sector News, stock market, stocks, Uncategorized | Tagged , , , , , , , , , , | Leave a comment

Fed Leaves Rates Unchanged in November, December Hike on the Table

As expected by the entire market, the Federal Reserve chose to leave interest rates unchanged on Wednesday ahead of the upcoming presidential election next Tuesday. The benchmark federal funds rate still sits at a target range of 0.25%-0.5% after the … Continue reading

Posted in Economy, Fed, GDP, Inflation, Interest Rates, Macro/Sector News, Rate Hike | Tagged , , , , | Leave a comment

GDP Growth Accelerated to 2.9%

Gross domestic product increased at a 2.9% inflation-adjusted annual rate in the third quarter of 2016. The better than forecast numbers have eased investor fears of dwindling economic expansion. It was the strongest reading in two years, and followed three … Continue reading

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Atlanta Fed Cuts Forecasts for U.S Third-Quarter GDP

The Atlanta Fed has trimmed its growth rate projections following the latest data on inventories, trade and consumer spending this week. The have listed on their website an annualized 2.4% growth rate for the U.S economy in the third quarter. … Continue reading

Posted in Consumer Spending, Economy, Federal Reserve Bank, Forecasts, GDP, Global Trade, Inflation, Interest Rates, Inventory Investment, macro-economic, Macro/Sector News, Reuters, Uncategorized | Leave a comment