|
| Discuss Negative Fundamental Releases ahead of Fed Announcement at the Fundamental Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; The Consumer Confidence Index fell to a 5 year low, amid soaring inflation reflected in ... |
|
|||||||
| Notices |
| Fundamental Analysis Discuss all about fundamental analysis and valuation. The world of PEs, free cash flow, ratio analysis, multiples and accounting numbers. |
 |
|
|
Thread Tools |
| Sponsored Links |
|
#1
30th April 2008, 12:51 AM
|
|||
|
|||
Negative Fundamental Releases ahead of Fed Announcement
The Consumer Confidence Index fell to a 5 year low, amid soaring inflation reflected in rising gasoline and food prices - and fears of a weakening jobs market.
Reduced consumer confidence leads to naturally to reduced consumer spending. Consumer spending accounts for over two thirds of the US economy. The negative release initially triggered selling in the stock market. The Standard and Poor/Case Schiller Home Price Index showed that housing Prices dropped in February at the fastest rate ever. Further adding to housing gloom, research firm RealtyTrac Inc. announced that foreclosures for Q1 2008 have doubled from Q1 2007. The employment market has been weakening - the labor department reported a loss of 80,000 jobs in March and is expected to show another loss of 65,000 in the April Employment Report this Friday. The recent strength in the US Dollar has contributed to the recent weakness in crude making it a less effective hedge against inflation. The Federal Reserve is widely expected to cut rates by 25 basis points tomorrow and to then cease the rate cuts for the rest of the year. 
|
|
| Bookmarks |
| Thread Tools | |
|
|
Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum
Rules Disclaimer & Disclosure and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum.
• Disclaimer: Trading or investing in stocks & commodities
is a high risk activity. Any action you choose to take in the markets
is totally your own responsibility. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss
arising out of the use of this information.
• Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein.
The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
