2008 record      

 

Dow At 15,000: What The Stock Market Is Telling Us

A year into the worst economic downturn since the Great Depression, James Angel went all in with stocks – in fact, more than all in. In January 2009, the finance professor at Georgetown University bought leveraged exchange-traded funds, which allowed him to borrow money so he could own more stock. He was convinced the market was nearing its nadir. He thought it was a perfect time to invest.

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Economic Optimism Revives Off Sequester Dud: IBD/TIPP

Americans regained some confidence lost ahead of the "sequester" budget cuts, after predictions of doom were seen as overblown, according to the latest IBD/TIPP Economic Optimism Index.

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U.S. Consumer Confidence Bounces Back 9.5% in April; Still 55% Think the Economy Is In a Recession

The IBD/TIPP Economic Optimism Index improved by 4.0  points, or 9.5%, in April, posting 46.2 vs. 42.2 in March.  The index is 1.3 points below its 12-month average of 47.5, 1.8 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 3.5 points below its all-time average of 49.7.

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Jobs Outlook: Housing Growth Will Trump Sequester Woes

The economy should continue to add jobs despite the sequester. The jobs report shows the housing recovery bolstering employment. Homeowner optimism is likely to improve, too.

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Wall Street, Gloomy Main Street May Both Be Right

The Economy: On a day when the Dow 30 takes out a record high, the latest IBD/TIPP Poll shows the public turning gloomy. Wall Street obviously sees some reason to cheer, but what is it?

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U.S. Consumer Confidence Nosedives in March; 59% Think the Economy Is In a Recession

The IBD/TIPP Economic Optimism Index declined by 5.1  points, or 10.8%, in March, posting 42.2 vs. 47.3 in February.  The index is 5.5 points below its 12-month average of 47.7, 2.2 points below its reading of 44.4 in December 2007 when the economy entered the recession, and 7.5 points below its all-time average of 49.7.

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Beam: Obama Doesn’t See Debt Problem

President Obama's State of the Union speech made Page 1 headlines across the nation Wednesday. However, it was a rare headline on Page B8 of our newspaper that caught my attention. It said, "January surplus shrinks 2013 U.S. budget deficit."

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U.S. Consumer Confidence Improves in February; 56% Still Think the Economy Is In a Recession

The IBD/TIPP Economic Optimism Index improved by 0.8  points, or 1.7%, in February, posting 47.3 vs. 46.5 in January.  The index is 0.9 points below its 12-month average of 48.2, 2.9 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 2.5 points below its all-time average of 49.8.

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Why Washington and Its Debt Woes Eclipse 'Jobs' as Public's Top Concerns

The mood shift, which showed up in a new Gallup poll, doesn't coincide with marked improvement in the jobs outlook. Rather, it indicates that Americans are becoming more worried about Washington's management of debt and other fiscal matters.

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In Obama's America, Only Debt and Dependency Grow

Welfare State: The Congressional Budget Office says the government is on track for another $1 trillion deficit year. That's the bad news. Worse is that most of it goes to programs that increase government dependency.

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