The U.S. economy is expected to grow by 2.5 percent in 2013, improving to 3.5 percent growth in 2014, top Fed official Charles Evans said on Monday.
Evans also forecast the U.S. unemployment rate would be 7.4 percent this year, easing to about 7 percent in 2014.
It is in a good agreement with article: " Fiscal Cliff Or Not, The Economy Is Recovering" published by
Dr. Lipa Roitman on ** I Know First ** site
This may not sound surprising, but the last time shares of AAPL underperformed the S&P 500 over a one-year period was all the way back in January 2009. In other words, this is the first time during the bull market that AAPL has underperformed the S&P 500 over a one-year period.
Agree with you, it is supported bty economic data on China and Germany published today. In addition:
The U.S. international trade deficit in goods and services -$38.5B vs. consensus of -$46.0B, $48.6B (revised) in Nov.
This China data supports the article main points:
China's trade surplus -7.6% M/M to $29.2B in January vs consensus of $26.6B; exports post their fastest growth since April 2011, rising 25% Y/Y vs +14.1% in December and consensus of +17.7%; imports +28.8% vs +6% and +21.4%.
However, the figures are distorted by the Chinese New Year, which is in February this year rather than January.
Good morning. It is said that Ms. Market will at times do whatever it takes to frustrate as many investors as she possibly can. So my assumption is that after a rip-roaring start to 2013 and only a single down day worth mentioning, a great many investors are frustrated these days. Those underinvested bulls are likely frustrated that they haven't had the opportunity to "buy the dip" that everyone has been yammering on about lately. And of course, the bears have to be more than a little frustrated with the fact that they've been almost completely shut out of the game since the end of December.
To feel more comfortable about investing in risky assets, consider focusing on how one’s overall wealth is doing rather than focusing on each asset in isolation. This can help give each asset credit for its portfolio diversification benefits. In addition, consider viewing investments from a longer time horizon, which can help smooth out fluctuations in stock market performance.
Pay attention to the trend. The trend is currently positive, and we want to be mindful of that.
It will require a VERY substantial price correction at this point before a SELL signal is issued.