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How the University of Michigan is Increasing the Price of Gold and Silver
Friday, June 17, 2011 - 11:38am | 436Read More...On Friday, The University of Michigan's report on consumer confidence was released. According to the report, inflation expectations rose to 3.0% from 2.9%, the second highest figure in 2011. Silver jumped nearly $0.30 in seconds to approach $36, while gold rose roughly $10. Historically,...
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Previewing Today's Economic Reports
Tuesday, May 31, 2011 - 9:26am | 143Read More...Stock market futures are soaring on news of a potential second Greek bailout program, as well as better than expected economic news out of Japan. There are two important economic reports coming out in a little bit that will greatly impact the trading day. The most important number is the Chicago...
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March Consumer Confidence Comes In 63.4 At Versus 65.0 Estimates
Tuesday, March 29, 2011 - 10:00am | 13Read More...March Consumer Confidence just crossed and it came in at 63.4, versus expectations of 65.0.
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February Economic Numbers Blow Out Estimates
Tuesday, February 22, 2011 - 11:02am | 58Read More...February consumer confidence data was just released, and it came in much better than expected. It came in at 70.4 versus estimates of 67.0. January's consumer confidence was revised up to 64.8. The February Richmond Fed index came in at 25 versus expectations of 18. The Dow is off 57 points, the...
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Consumer Confidence Better Than Expected
Tuesday, January 25, 2011 - 11:01am | 56Read More...Consumer confidence was just released, and results came in better than expected. Economists had expected a reading of 53.5 for the month of January, and instead the reading was 60.6. Stocks are modestly lower on the back of the results. The Dow is off 9 points, the S&P 500 is lower by 1 point...
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Consumer Confidence Better Than Expected
Tuesday, November 30, 2010 - 11:02am | 65Read More...Consumer confidence was just released for November, and it was much better than expected, and stocks are peeling back losses as a result. November consumer confidence came in at came in at 54.1, much better than the 52.0 economists were expecting. October was revised to 49.9. At last check, the...
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Decline in Consumer Confidence
Tuesday, September 28, 2010 - 12:44pm | 157Read More...The Conference Board reported on Tuesday that US consumer confidence continued to be “quite grim.” The monthly gauge moved down to its lowest since February, to 48.5 in September. Director of the Conference Board's consumer research center, Lynn Franco said, “September's pullback in confidence was...


