Weekly Update for June 21, 2010
June 27, 2010 by Pete Mitchell
Filed under All Posts, Weekly Updates
The Consumer Price Index retreated 0.2% for May, following a 0.1% decline in April. Energy prices fell 2.9% last month, leading the CPI downward. (Core CPI did advance 0.1% in May.) Across the last 12 months, the CPI has risen 2.0%, with core CPI up 0.9% – the smallest annual gains since 1966. While May’s wholesale prices were 5.3% above levels of a year ago, the Labor Department said that PPI fell 0.3% on the month, which was less than the 0.5% reduction forecast by economists polled by Reuters. Translation: the Federal Reserve has no compulsion to raise interest rates.1,2
Weekly Update for June 14, 2010
June 14, 2010 by Pete Mitchell
Filed under All Posts, Weekly Updates
Sorry guys. No video again. I’ve been sick the last 5 days and I really don’t want to look like that on a video…
Weekly Update For May 24, 2010
May 24, 2010 by Pete Mitchell
Filed under All Posts, Weekly Updates
Quote of the week. “To succeed in life, you need three things: a wishbone, a backbone and a funny bone.”– Reba McEntire
Weekly Economic Update for May 3, 2010
May 3, 2010 by Pete Mitchell
Filed under All Posts, Weekly Updates
Quote of the week. “The basic difference between being assertive and being aggressive is how our words and behavior affect the rights and well-being of others.”– Sharon Anthony Bower
Weekly Economic Update For April 12, 2010
April 11, 2010 by Pete Mitchell
Filed under All Posts, Weekly Updates
Weekly Economic Update For April 12, 2010 Quote of the week. “Never apologize for showing feeling. When you do so, you apologize for the truth.”– Benjamin Disraeli Did banks downplay risk levels? So contends a Wall Street Journal story, citing data from the Federal Reserve Bank of New York. It says that during the last [...]
