Stock Market Bubbles: The Bursting Happens Faster Than The Forming
Just a reminder not to get caught up in the markets. Retirement planning is a long term proposition and the good stock markets of late have helped many get closer to their goal.
The Consumer Sentiment report from Reuters/ University of Michigan shows yet another increase in consumer confidence.
According to the latest Commerce Department figures, new home sales rose 3.3% in April, for a seasonal adjusted annual rate of 343,000 units
Data released by the National Association of Realtors (NAR) shows that April home sales increased to an annual rate of 3.4 percent.
The initial jobless claims report is issued once per week from the Department of Labor.
According to the Fed Open Market Committee Minutes, the overall outlook of the economy is slightly better than previously thought.
All categories measured by the Consumer Price Index, excluding energy and food or the “core measure,” increased by 0.2 percent.
On April 6, 20011, the CFPB published its first Annual Report on Consumer Complaints.
This week’s MBA Mortgage Applications survey provides another sliver of positive news.
The April employment situation report is significantly short of the expected 165,000.
Looking back to last year, the initial number of jobless claims has dropped by 99,000.