economic recovery

What Economic Growth? One-Third of Americans Say They Are Now Poorer

By Wednesday, July 29, 2015
Economic growthAccording to a Gallup survey, 51% of Americans say that they are in the middle or upper-middle class. Between 2000 and 2008, an average of 61% of Americans identified themselves to be in middle and upper-middle class. (Source: Gallup, April 28, 2015.) In the survey, the percentage of Americans identifying themselves as working or lower class increased to 48% in 2015, compared to just 36% in mid-2008! On a relative .

U.S. Retail Sales Jump in May

By Thursday, June 11, 2015
Economic Recovery ImminentRetail sales jumped in May, suggesting the U.S. economic recovery is picking up momentum. On Thursday, June 11, the Census Bureau reported better-than-expected retail and food services sales. For the month of May, total retail and food service sales came in at $444.9 billion, representing a 2.7% increase compared to same time last year. The Bureau also revised its April sales figures upward to 0.2%. (Source: U.S. Census Bureau, June .

Ireland Earns A+ by S&P as Economic Recovery Takes Hold

By Monday, June 8, 2015
S&P Upgrades IrelandRating agency Standard & Poor’s (S&P) raised Ireland’s credit rating for a second time in six months, this time from A from A+, as the country’s economic recovery continues. (Source: The Wall Street Journal, June 5, 2015.) On Friday June 5, 2015, S&P cited the country’s narrowing fiscal deficit, strong growth, and assets disposal as reasons for the upgrade. While an A+ is great, it still leaves Ireland four .

Three Statistics That Say No Economic Growth Yet

By Friday, January 23, 2015
ECB Money PrintingLook at any newspaper or watch any financial news channel and you will hear someone saying the U.S. economy is growing. To prove their point, they will refer to gross domestic product (GDP) figures and unemployment data. Yes, the GDP numbers and the unemployment picture do look better, but our economy is still in very big trouble.

Why These “Payroll” Stocks Look Interesting Now

By Friday, September 26, 2014
Payroll Stocks Look Interesting NowVery soon we’re going to hear the earnings news straight from the horse’s mouth. Quarterly earnings are beginning to trickle in and even if you aren’t interested in the stocks that you don’t own, corporate reporting is the most important market intelligence you can review. For years, Paychex, Inc. (PAYX) was one of those companies that continually reported great financial results. It was a growth stock during the technology bubble .

Two Important Economic Signals to Share with My Readers This Morning

By Monday, August 25, 2014
U.S. Consumer Confidence CollapsingA good gauge for me on how consumers in the U.S. economy are faring has always been the statistics coming out of Wal-Mart. Wal-Mart Stores Inc. (NYSE/WMT) reported its operating income in its second quarter (ended July 31, 2014) declined by 2.4%. Its subsidiary, Sam’s Club (wholesale store), saw its operating income, after taking out fuel, decline by 10.2%. (Source: Wal-Mart Stores Inc., August 14, 2014.) For its entire 2015 .

Your Top Priority When Investing in a Record-High Market

By Thursday, July 10, 2014
What to Prioritize with Stocks at an All-time HighStocks are going to gyrate around second-quarter earnings, but that’s exactly what this market needs—the corporate bottom line and expectations for the rest of the year. With so many stocks trading at their all-time record-highs, I view investment risk in equities as being high at this time. This is actually a tough environment in which to be an investor looking for new positions. There’s not a lot of value around .

Stock Market Pricing-in a Recession?

By Wednesday, July 2, 2014
U.S. Economy Close to Technical RecessionBy no surprise to me whatsoever, the government’s third and final estimate of first-quarter U.S. gross domestic product (GDP) came in at a negative annual pace of 2.9%. (Source: U.S. Bureau of Economic Analysis, June 25, 2014.) The U.S. economy’s growth rate in the first quarter of this year was the worst since 2009. I’ve been writing since the fall of 2013 that the U.S. economy would see an economic .

Why We Are Closer to a Recession in 2014 Than You Think

By Friday, June 13, 2014
U.S. Economy to Fall into a Recession This QuarterDon’t buy into the notion that there’s economic growth in America! We’ve already seen U.S. gross domestic product (GDP) “unexpectedly” decline in the first quarter of 2014, and now there are signs of another contraction in the current quarter. (The technical definition of a recession is two negative quarters of GDP—we’re halfway there!) As you know, consumer spending is the biggest part of our U.S. economy, accounting for about two-thirds .

Multi-Month Price Consolidation in the Cards

By Friday, May 16, 2014
How Profit Choppy Market HighThere still is no real trend in the equity market. One day, stocks sell off big-time; the next, the S&P 500 and Dow Jones Industrial Average hit new record-highs. This is a very tough market to figure; anything can happen when monetary policy is highly accommodative. A lagging NASDAQ Composite isn’t a worry. Neither is the Russell 2000 index. Stocks won’t come apart so long as so many large-caps are .

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From: Michael Lombardi, MBA
Subject: 200% Profit on the Ultimate "Fear Gauge" Play

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