Economic Data

The Rise of America’s ‘New Rich’

Well educated professionals who produce high incomes during at least part of their lives are part of the "new rich," an emerging U.S. demographic. More 

Economic Data Flashes Mostly “Green” Signals for Investors

A slew of economic data last week leads me to believe that we won't see the Fed "taper" anytime soon. Here's why... More 

Economic Factors Will Drive Markets Higher Towards Year-End

Economic signs point towards markets moving higher as we move towards year end, while 2014 could be challenging. More 

Consumer Spending, Other Economic Data Show Mixed Results

Economic data is sending mixed signals, from consumer spending that's not comparable to last year to flat home sales with positive revisions. More 

3 Psychological Stumbling Blocks That Kill Investor Profits

Investors' self-defeating decisions have contributed to their market woes. Recency bias, herd behavior and fear are the culprits. More 

ComScore Predicts Big Holiday Jump in U.S. E-Commerce Sales

A number of industry research firms predict a healthy rise in U.S. e-commerce sales during this holiday season over last year. More 

Pending Home Sales Skid Reaches 5 Months

The National Association of Realtors says that pending home sales fell in October, marking their fifth straight monthly decline. More