Tag Archive 'consumer spending'

Consumer Spending is Ugly

Lance on Apr 19 2008 | Filed under: Commodities, Economic Indicators, Economics, Energy, Inflation, Latest data, economy

While spending increased in March by 1.8% over a year ago, adjusted for inflation it was way down. The only reason sales were positive was gasoline, though food sales were positive. Even there, that is mostly due to inflation and rising prices of food and staples.

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Dale Franks’ advice for investors

Lance on Jan 23 2008 | Filed under: Domestic Equities, Economic Indicators, Economics, Housing Market

Dale Franks gives his rundown on what to look for going forward from the economy, and the implications for investors:
We’ve dropped off about 20% from the stock price highs of October, so we’re about due for a rally. Especially with the Fed obliging everyone with rate cuts. At this point, though, I’d look askance at [...]

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