Why the crisis has Wall Street stressed. Provided by Los Angeles Financial Planner, Rose Greene, CFP ® It would be wonderful if the U.S. financial markets could “decouple” themselves from what is going on in Greece, Portugal and Spain. Unfortunately, the debt situation in these countries is like a ripple in a pond. The question [...]
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Consumer Confidence
Quote of the week “It is easier to do a job right than to explain why you didn’t.”– Martin Van Buren Job growth at last. Employers added 162,000 jobs in March, the biggest gain in three years. While some of the increase reflected temporary hires for the U.S. Census, private payrolls swelled by 123,000 last [...]
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LPL Financial Weekly Economic Commentary for February 22, 2010
by Rose Greene, CFP on February 24, 2010
“Watch Your Step” John Canally, CFA Economist LPL Financial Monetary policy took center stage last week, as the Federal Reserve (Fed) took another step toward normalizing monetary policy by raising the discount rate. Aside from another disappointing reading on jobless claims, the week’s economic data on the housing and manufacturing sectors came in better than [...]
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