Holiday 2010 is the year that Americans have returned in force to holiday shopping after two years of recession. This likely signals further faith in economic upturn by the general population, making this the biggest economic increase since 2006. Retail turnout for the holidays is one of the more steady factors that dictates the likely [...]
On Thursday, it was announced that a small drop in the number of jobless claims has pushed stock levels to a two year high, prompting further faith in the upcoming tax cuts proposal. Stocks rose steadily again on Thursday, displaying a tangible sense that the consumer is willing to invest more in the market now that it [...]
Stocks on Friday reached a new two year high as an expected tax cut measure reached the Senate. The cut is expected to pass in the Senate without major opposition, and the market took notice. The rising stocks reflected consumer confidence in the tax cuts and the market, possibly due to the public opinion that there will be more discetionary [...]