Confidence among U.S. consumers fell in July to the lowest level since November, posing a threat to the largest part of the economy.The Thomson Reuters/University of Michigan final index of consumer sentiment declined to 67.8 this month from 76 in June. The preliminary measure was 66.5.Employment growth has been slow to take hold and lower home prices are depressing wealth. The lack of confidence may further restrain consumer spending, which accounts for 70 percent of the economy, and limit the pace of growth.
Posts Tagged ‘Pace’
Stock Index Rollover Begins Today
March 11th, 2010 
Before You Invest Thursday, March 11, 2010 is the start of stock index futures roll-over at both CME Group and ICE Futures U.S.Rollover is when a new contract month becomes the dominant contract in terms of new volume, for both pit (open outcry) and electronic trading sessions. For stock index futures, rollover officially starts one week before the expiration of the nearest contract.
Posted in Finance Fraud 
Tags: Contracts, Day Traders, Electronic Platforms, Electronic Trading, Globex, Index Futures Trading, March 11, New Contract, Open Outcry, Pace, Position Traders, Stock Futures, Stock Index Futures, Stock Index Futures Trading, Stock Trading, Trading Futures, Trading Sessions, Trading Stock 
Comments OffThis Day in Wall Street History 1914: Ford gives minimum wage a big boost
January 6th, 2010 Before You Invest On this day in 1914, the Ford Motor Company rolled out a series of initiatives targeted at improving the lives of its workers. Along with boosting the company’s minimum wage to $5 per day, Ford also unveiled plans to trim its workday to eight hours.
Record number of brokers leave Wall Street
May 23rd, 2009 Before You Invest So far this year, 11,600 people registered as brokers have abandoned the industry, according to the Financial Industry Regulatory Authority. The exodus comes as fees are declining and markets have slumped, although a recent rally might slow the pace. Experienced advisers continue to be in demand.more athttp://online.wsj.com/article/SB124156648439789537.html
Posted in Finance Fraud Tags: Exodus, Financial Industry Regulatory Authority, Pace, People, Rally, Wall Street, Wsj, Year 11 No Comments »European Data Signal Big GDP Drop
May 12th, 2009 Before You Invest Record slumps in French and Italian industrial production during March suggest the euro-zone economic contraction in the first three months of the year will be the sharpest ever. Italian industrial output fell 24% in March from the same month a year earlier, while French industrial production fell 16% over the same span.
