Crucial news is on the calendar this week for those who believe in a stronger than expected U.S. economy in 2011
Major events this week for those investors—and I put myself in the number—who believe that the U.S. economy will beat expectations this year—and take U.S. stocks upward with it. The Federal Reserve meets for the first time in 2011 on Tuesday and Wednesday of this week...Wednesday brings the final read on Q3 GDP–economists are looking for an increase to 2.8% growth
No holiday from economic data this week. Wednesday brings what’s called the final revision of third quarter U.S. GDP growth estimates. (We’ll get the final, final figure in 2011.) The previous estimated came in at 2.5% growth, itself an increase from the first...Another day, another GDP revision: I don't think new numbers on the 3rd quarter will tell investors much tomorrow
Stocks and the U.S. dollar rallied today, December 21, on a belief that U.S. economic growth will be so strong in 2010 that even a Federal Reserve interest rate hike around mid-year won’t be enough to derail a recovery. Tomorrow the market gets a little dose of...Three very cautious cheers for the GDP numbers
U.S. GDP grew by 3.5% in the third quarter of 2009. That was a bigger increase from the third quarter of 2008 than the 3.2% that the majority of economists had been expecting. This marks the first time that the economy has grown after four straight quarters of...GDP can't buy you happiness–so should economists start tracking GNH?
Would we all be happier if economists measured happiness? I spent a lot of time thinking about that on a camping trip this weekend. (Hey, it was really cold and I had trouble sleeping.) My friend Pamela had set my thoughts down this track by saying “You know, I don’t...Jim’s Daily Email Alerts:
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