Economic News
PowerTrend Brief: A Big Week for Security, Just Not Job Security
While Friday's September employment report left many investors scratching their heads, including me, the stock market initially greeted...
Eagle Eye Opener: World Bank Cuts Growth Forecasts for East Asia; Markets in Asia Fall; Internet Game Stocks Slide
The World Bank announced today that it reduced its growth forecasts for developing countries in East Asia to...
Chris Versace is Featured on the Front Page of Forbes.com
Chris Versace, the editor of PowerTrend Profits and a contributor to Eagle Daily Investor, is featured on the...
Daily Data Flow: U.S. Stocks Lifted by Forecasts for Jobs and Service Sector; Hewlett-Packard Shareholders Suffer Paper Losses; Pimco’s Bill Gross Calls United States Debt Addict
U.S. stocks rose, sending the Standard & Poor’s 500 Index higher for a third day, as better-than-forecast growth...
The Global Guru: Three Surprising Truths behind Today’s Economic Headlines
1. The "Great Recession" in the United States Was Worse Than You Thought According to original estimates, U.S. gross...
PowerTrend Brief: Manufacturing, Jobs and the Presidential Debate in Focus This Week
Last week closed the books on the third quarter from both corporate and investor perspectives. In the last...
Daily Data Flow: Killing of U.S. Envoy Triggers Need to Boost Diplomatic Security; U.S. Stocks Rise as German Court Allows European Bailout Plan; Wholesale Inventories Climb
U.S. Envoy Killed in Libya (Marketwatch) Rioters angered by the release of a film they considered insulting to...
Daily Data Flow: New iPhone Could Boost U.S. GDP; Watch for Higher Long-Term Yields
New iPhone could boost U.S. GDP by up to 0.5 percent, JP Morgan says (Reuters) Sales of the new...
The Global Guru: “U.S.A.! U.S.A!” — We’re #7!?
After the United States regained its title as the top medal-winning country in the London Olympics of 2012,...
PowerTrend Brief: Disappointing August Job Creation Means Waiting for the Fed
Last week the S&P 500 rose 2.75%, bringing the year-to-date return to more than 14%. The vast majority...