Thursday, October 23, 2014

General Economics

Market Watch | Leading indicators climb 0.8% in September
The Conference Board's leading economic index rose 0.8% in September, accelerating after no change in August. "The outlook for improving employment and further income growth are expected to support the moderate expansion in the U.S economy for the remainder of the year," said Ataman Ozyildirim, economist at The Conference Board.

Bloomberg | Why the Stock Market Rally Is Bad News
U.S. stocks had their biggest rally in a year yesterday. The S&P 500 has now recovered in a blink: a 4.1 percent rise since Oct. 15, reversing a 7.5 percent drop.