Consumer Comfort: Still Holding
|| By FITSNEWS || Bloomberg’s Consumer Comfort Index (CCI) – which measures consumer comfort on a scale of 0-100 – inched up to 42 from...
U.S. economy
Q2 Revision: 3.7 Percent Growth
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BUT WHAT’S DRIVING IT? || By FITSNEWS || Stop the presses … happy days are here again! Thanks to the magic of “double seasonal adjustment,”...
Stocks Tank Bad …
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U.S. MARKETS POUNDED AS CHINA CRISIS INTENSIFIES || By FITSNEWS || U.S. stocks followed the (downward) lead of Asian and European markets on Monday, with...
Oil Crash: Supply Or Demand?
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|| By FITSNEWS || Remember the “everything is awesome” crowd? You know, all those economists who told us low gas prices were going to stimulate...
Consumer Comfort In Holding Pattern …
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MEASURE UP MODESTLY THIS WEEK … || By FITSNEWS || Bloomberg’s Consumer Comfort Index (CCI) clocked in at 41.1 this week – up from last...
More Evidence Money Printing Didn’t Work
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FEDERAL RESERVE’S MASSIVE INTERVENTION FAILED TO PRODUCE “REAL ECONOMIC GROWTH” || By FITSNEWS || Guess what: The secretive Federal Reserve’s ongoing effort to “stimulate” the...
Consumer Comfort: Modest Uptick
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METRIC PAUSES AFTER MONTH-LONG SLIDE || By FITSNEWS || After a month-long slide, consumer comfort in America ticked up ever-so-slightly this week. Bloomberg’s Consumer Comfort...
Gallup’s Economic Confidence Index Takes A Beating
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MORE TROUBLING NEWS ABOUT THAT PROMISED “CONSUMER RECOVERY” || By FITSNEWS || Add Gallup’s U.S. Economic Confidence Index to the list of consumer metrics taking...
Record 93.8 Million Working Age Americans Out Of Labor Force
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BUT THE BARTENDER BUSINESS IS BOOMING … || By FITSNEWS || If you watch your local nightly news this evening, you’ll hear that America’s economy created...
Q3: Ruh-Roh
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“GDP NOW” ESTIMATE IS LACKING IN YEAST … || By FITSNEWS || The Atlanta Federal Reserve just released its first live estimate of third quarter economic...