PBT Today: Pittsburgh Pension Loses Out on Millions.
Personally I am going to send each member of the pension board a copy of a book just about everyone who invests in the market should have anyway:
Beyond that… there is a companion story with that: Lamb seeks answers to pension plan delay. Something does . . . → Read More: A Random Walk in Pension Accounting
At 8:30 AM EDT, the monthly Personal Income and Outlays report for July will be released. The consensus for Personal Income is an increase of 0.3% over the previous month and the consensus Consumer Spending index change is an increase of 0.5%.
At 10:00 AM EDT, the pending home sales index for July will . . . → Read More: Economic Events on August 29, 2011
Manganese’s many uses in infrastructure and building materials make its market a strong barometer for gauging the world economy. Soaring growth in countries like China and India has led to high global demand. In this exclusive interview for The Critical Metals Report, Helen O’Malley, a bulk manganese specialist with CRU International in London, . . . → Read More: Helen O’Malley: The Manganese Market, a New Economic Growth Barometer?
Rob McEwen has become a legend in the gold mining industry by skillfully assembling and building mining companies over the past 20 years. In this exclusive Gold Report interview, he explains his rationale for $5,000/oz. gold and $200/oz. silver and how the factors leading to those price levels will affect the industry and . . . → Read More: Rob McEwen: $5,000 Gold and $200 Silver Predicted
With economic uncertainty continuing to hamper economic growth, inflation has been non-existent, and mortgage rates have remained low. Current rates for conforming loans have dropped below the lows seen late last year to set new record lows for fixed rate mortgages, 5 year ARMs, and 1 year ARMs.
However, many new home buyers looking . . . → Read More: Current Home Loan Trends
At 8:30 AM EDT, the preliminary GDP report for the second quarter of 2011 will be announced. The consensus is an increase of 1.1% in real GDP and an increase of 2.3% in the GDP price index. The real GDP estimate is 0.2% lower than the advance value for the second quarter of 2011, and the . . . → Read More: Economic Events on August 26, 2011
If gold equities are on sale, the stocks Carlos Andres follows as publisher of the Frontier Research Report are on clearance. Andres seeks out stocks that have been unfairly pummeled, offering extra upside for investors. In this exclusive interview with The Gold Report, Andres identifies some of his best stock picks trading at . . . → Read More: Carlos Andres: Discovering Bargain Basement Gold Stocks
Q: Who said this:
Second, the idea that U.S. economic difficulties hinge crucially on our failures in international economic competition somewhat paradoxically makes those difficulties seem easier to solve. The productivity of the average American worker is determined by a complex array of factors, most of them unreachable by any likely government policy. So . . . → Read More: Pop Quiz
At 8:30 AM EDT, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 405,000 new jobless claims last week, which would would be 3,000 less than the previous week.
At 9:45 AM EDT, the weekly Bloomberg Consumer Comfort Index will be released, providing an update on Americans’ . . . → Read More: Economic Events on August 25, 2011
There is a new report via Penn State and some partners on the economic impact of Marcellus Shale development. According to the news coverage the report has some new data on the great Marcellus worker mystery. From Somerset County’s Daily American:
“The study also suggests that a large majority of industry employees are coming from . . . → Read More: Tex-Pats out there somewhere