2008 record      

 

U.S. Consumer Confidence Down in August

The IBD/TIPP Economic Optimism Index declined by 2.0  points, or 4.2%, in August, posting 45.1 vs. 47.1 in July.  The index is 2.2 points below its 12-month average of 47.3, 0.7 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 4.5 points below its all-time average of 49.6.

Read more ...

IBD/TIPP Economic Optimism Index Falls On Investors


The IBD/TIPP Economic Optimism Index signaled pessimism for a ninth straight month, retreating further in recent weeks as Federal Reserve talk of curbing the massive monetary stimulus roiled financial markets, hurting investor confidence.

Read more ...

U.S. Consumer Confidence Declines in July

The IBD/TIPP Economic Optimism Index declined by 1.9  points, or 3.9%, in July, posting 47.1 vs. 49.0 in June. The index is 0.3 points below its 12-month average of 47.4, 2.7 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 2.6 points below its all-time average of 49.7.

Read more ...

U.S. Consumer Confidence Brightens in June

The IBD/TIPP Economic Optimism Index improved by 3.9  points, or 8.6%, in June, posting 49.0 vs. 45.1 in May.  The index is 1.6 points above its 12-month average of 47.4, 4.6 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 0.7 points below its all-time average of 49.7.

Read more ...

U.S. Consumer Confidence Drops in May

The IBD/TIPP Economic Optimism Index declined by 1.1  points, or 2.4%, in May, posting 45.1 vs. 46.2 in April.  The index is 2.1 points below its 12-month average of 47.2, 0.7 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 4.6 points below its all-time average of 49.7.

Read more ...

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.

Read more ...

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.

Read more ...

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.

Read more ...

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."

Read more ...