360° Coverage : STOCKS GO NOWHERE AND NOTHING HAPPENS: Here's What You Need To...

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STOCKS GO NOWHERE AND NOTHING HAPPENS: Here's What You Need To Know (DIA, SPY, QQQ, MCD, OWW, PCLN)

Source: The Business Insider, Aug 8 2012, 3:36pm CDT

It was another quiet day. But there were some signs that the consumer is really scaling back. And now the top stories: McDonald's, the world's largest fast food chain, announced a rare decline in monthly same-store sal ...

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Update
10

3 days ago

Data raises questions about strength of U.S. economy

Source: Reuters Mobile  |   May 16 2013, 8:20am CDT

Gasoline drips off a nozzle during refueling at a gas station in Altadena, California March 24, 2012. Picture taken March 24, 2012. WASHINGTON (Reuters) - The U.S. economy showed fresh signs of slower growth in the second quarter, with ...

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Update
9

3 days ago

Consumer Prices Fall; Jobless Claims Spike

Source: Wall Street Journal  |   May 16 2013, 7:59am CDT

By Jonathan House And Eric Morath WASHINGTON—U.S. consumer prices fell again in April, led by a retreat in gasoline prices, offering some support to households grappling with government spending cuts and higher taxes.In a separate report, the nu ...

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Update
8

40 weeks ago


Quote:
"Retail sales fell in April, May and June - and 27 out of 29 times sales fell for three consecutive months since data started in 1947, the economy was in or within three months of a recession."


Source: The Business Insider

 

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Update
7

4 days ago

Europe’s depression deepens

Source: Naked Capitalism  |   May 16 2013, 12:55am CDT

By Delusional Economics, who is determined to cleanse the daily flow of vested interests propaganda to produce a balanced counterpoint. Cross posted from MacroBusiness. Not that it should be a surprise to most MB [and NC] readers, but the economic data c ...

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6

4 days ago

European shares fluctuate on weak growth data, euro hit 6-week low

Source: Middle East North Africa Financial Network  |   May 15 2013, 9:22pm CDT

European equity market wobbled on Wednesday’s early trading session as data showed Germany just narrowly avoided contraction while France slipped into a technical “triple-dip” recession in the first quarter of 2 ...

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Update
5

4 days ago

Climate crisis spreads as bill chill strikes eurozone core

Source: Guardian Unlimited  |   May 15 2013, 7:32pm CDT

France slid into recession in the first three months of 2013, as the economic malaise that has crippled the crisis-hit peripheral countries of Greece, Portugal and Spain spread to the heart of the eurozone. A ...

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4

4 days ago

Global economy has a ‘long and fairly bumpy’ recovery ahead

Source: Globe and Mail  |   May 15 2013, 2:28pm CDT

Spring may have sprung, but not all economists are sprightly about the outlook for the global economy. In fact, as a Toronto audience heard Wednesday morning, the risk of a recession in Canada is “higher than normal,” the ...

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Update
3

4 days ago

Stocks shrug off weak economic data as eurozone officially in its longest recession

Source: Minneapolis Star Tribune  |   May 15 2013, 12:14pm CDT

PARIS - Stock markets shrugged off weak economic data in Europe on Wednesday even as news hit that the 17-country euro currency bloc is now in its longest-ever recession. Europe's economic motor, Germany, returned to growth but ...

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2

4 days ago

Stocks shrug off weak European GDP data

Source: Mail.com  |   May 15 2013, 10:17am CDT

PARIS (AP) — Stock markets shrugged off weak economic data in Europe on Wednesday even as news hit that the 17-country euro currency bloc is now in its longest-ever recession. Europe's economic motor, Germany, ...

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1

5 days ago

French economy falls back into recession

Source: Sify  |   May 15 2013, 6:18am CDT

France's economy is in recession again — and that could spell more trouble for Europe. The national statistics agency, Insee, said Wednesday that gross domestic product fell 0.2 percent in the first quarter of the year. The agency also revised its d ...

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