U.S. consumer confidence sagged to a 10-month low on worries about jobs while the housing market remains under strain, data revealed on Tuesday, underscoring the fragility of the economy’s recovery.
U.S. consumer confidence fell in February to the lowest in 10 months, as consumers’ short-term outlook on jobs worsened, according to a report from an industry [...]
Posts Tagged ‘economy’s recovery’
Confidence sags on jobs worry; housing shaky
February 23rd, 2010 by Financial Writer
Tags: commercial real estate, economy's recovery, housing market, housing shaky, us consumer
more...Easy money may already be out of the markets
January 11th, 2010 by Financial Writer
The stock market rally is aging, and the surest sign is that investors are migrating to stocks that missed out on 2009’s big run.
The Standard & Poor’s 500 index is up 69 percent since March 9. The stocks hit hardest during the bear market, including financials and small-caps, led the rally during its first seven [...]
Tags: easy money, economy's recovery, investors, recession, stock market