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Just How Reliable Is China's GDP Number?
Friday, November 6, 2015 - 2:03pm | 378Read More...ANZ Research recently looked into the reliability of China’s reported GDP number. The firm found China’s number to be “within a reasonable margin of errors.” ANZ advises that the world pay close attention to China’s ballooning services sector. China has been one of...
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LEED And Green Construction Are Driving The Economy In Major Ways
Saturday, September 19, 2015 - 11:30am | 836Read More...LEED and green construction will provide U.S. workers with $134.3 billion in income in 2015. Green construction is expected to grow America’s gross domestic product (GDP) by $303.5 billion over the next four years. Marisa Long, communication director of the U.S. Green Building Council (USGBC...
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Citi's Economist Reacts To Canada's Q2 GDP
Wednesday, September 2, 2015 - 10:46am | 435Read More...Canada's economy experienced two quarters of negative GDP growth this year, technically placing the economy in a recession. The economy contracted by one half percent in the second quarter, while the first quarter was revised down to 0.8 percent annualized from a previous negative 0.6 percent...
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There's A 47% Chance Of A Recession, But It's Not Worrying These Analysts
Friday, August 28, 2015 - 1:37pm | 436Read More...In a new report, Bank of America analyst Ethan Harris discussed the recent market action in response to China and looked at the probability that the S&P 500’s decline is indicative of a recession on the horizon in the United States. Despite a relatively high score on the firm’s...
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U.S. GDP Data Further Complicates Fed Rate Hike Predictions
Friday, August 28, 2015 - 12:38pm | 382Read More...For the past year, traders have been trying to get inside the minds of the U.S. central bankers at the Federal Reserve to determine when the bank's much anticipated rate hike will come. The timing of a rate increase has always been ambiguous, but in light of recent market events, predicting when...
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Have Shoppers Made The Case For Rising Interest Rates?
Friday, June 19, 2015 - 12:27pm | 768Read More...After a glum 0.7 percent contraction in first-quarter GDP, the case for a second-quarter economic recovery looked like it was on the ropes. However, economy bulls – and those hoping for an interest rate rise from the Federal Reserve – saw their position strengthened after retail...
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NABE Economists Downgrade 2015 Growth Outlook
Monday, June 8, 2015 - 11:07am | 380Read More...The National Association for Business Economics released its June Outlook Survey on Monday. The entire findings can be seen here. Here are some of the key findings: Full Year 2015 GDP Growth Slashed The forecast for the annualized growth rate for 2015 was slashed to 2.4 percent growth from...
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U.S. GDP Shows Contraction; What Now?
Monday, June 1, 2015 - 12:42pm | 399Read More...On Friday, the U.S. Commerce Department released a revised report of the nation's first quarter GDP, which showed that America's economy shrank by 0.7 percent from January to March. The figure gave markets cause for concern as it suggests that the U.S. economic recovery may not be as strong as...
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Deutsche Bank: 'April Showers Brought May Flowers. Watch Out For June Thunderstorms'
Monday, June 1, 2015 - 11:01am | 350Read More...In a report published Monday, Deutsche Bank strategist David Bianco offered investors 10 key themes heading into the summer months. "S&P reached a new high of 2130 last Thursday on an 18 trailing PE, the highest since 2010 despite anemic EPS growth expected this year," Bianco wrote. "Both EPS...
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Savings At The Pump Not Enough To Loosen Consumers' Purse Strings
Friday, February 13, 2015 - 3:33pm | 369Read More...U.S. retail sales figures out on Thursday showed that lower gas prices weren’t enough to prompt U.S. shoppers to spend more. Sales fell 0.8 percent in January, a near repeat of December’s 0.9 percent decline. While gas prices accounted for much of the 0.8 percent loss, spending...
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WalletHub's 11 (Mostly) Upbeat Economic Predictions For 2015
Wednesday, December 17, 2014 - 3:45pm | 1037Read More...For many investors, the most coveted super power – assuming super powers were possible -- would likely be the ability to foretell the future accurately. Personal finance social network, WalletHub, with help from a panel of experts, offered the next best thing with 11 economic predictions...
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5 Economists Explain What's Happening In Japan Right Now
Friday, November 21, 2014 - 2:22pm | 799Read More...After Japan released reported worse than expected GDP numbers earlier this week, the country has technically entered into an economic recession. But what exactly is going on in Japan right now? Benzinga asked a few prominent analysts to explain: Slow Growth Economist and author of “...
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Markets Rally On Better Than Expected GDP; Dow Has Best Close In More Than A Month
Thursday, October 30, 2014 - 5:09pm | 1851Read More...U.S. stocks rose on Thursday after government data showed the U.S. economy grew 3.5 percent in the third quarter, better than the 3.0 percent expected. Investors brushed off a poor reading on the number of Americans filing for jobless benefits, which rose last week in favor of GDP data; this...
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Bond Market Focuses On Data Releases And Full Calendar Of Fed Speakers
Tuesday, September 23, 2014 - 9:37am | 693Read More...The Federal Reserve statement and Chair Janet Yellen made it clear last week that the timing and pace of eventual Fed rate tightening will be data dependent. All key U.S. data will now have a larger than normal impact on bond market volatility. The market will also pay close attention to...
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Markets Reverse Early Morning Losses; Still Lower On The Day
Thursday, August 28, 2014 - 4:40pm | 2611Read More...U.S. stocks declined as geopolitical concerns outweighed an improved economic read on second-quarter growth. Ukraine's President stated that Russian troops had crossed in to Ukraine territory and were fighting alongside Russian supported separatists. Markets initially traded lower on the...
















