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Tag: Economy

  • Recession, what recession?

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    by

    CALRIAINC
    in , ,

    With all the screaming and shouting continuing in the post-election period. I can hardly hear myself think, let alone pay close attention to the voices in my head. Which brings me to this week significant economic and market data. Recession, what recession? It’s the Economy Stupid! With 4th quarter GDP tacking +2.6% per the latest…

  • Another Positive Week

    Another Positive Week

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    by

    CALRIAINC
    in ,

    The major averages marked another positive week at the close. With the DOW up 669 points or 1.62%, the NASDAQ advanced 264 points or 1.49%, while the S&P 500 added 77 points or 1.37%. Tuesday’s seasonally adjusted retail sales data revealed a surprising 0.1% gain in August, while July’s figures were revised up by 1.1%.…