Filed under: Forecasts, Economic Data, Federal Reserve

The Federal Reserve minutes released Wednesday show that all is not well with the U.S. economy. The Fed put it bluntly by saying that if the economic outlook "were to worsen" further central bank action might be needed. Fed officials expect below normal growth through 2012, and their outlook on unemployment has dipped. They said that it may take as long as five or six years before the economy returns to a longer run sustainable path. There seems to be little pressure on inflation. The Fed uses the price index for personal consumption expenditures, excluding food and energy, as its main tool. The estimates are for inflation to remain in the 0.9% to 1.2% range.

Continue reading Fed Minutes Indicate More Stimulus May be Needed

Fed Minutes Indicate More Stimulus May be Needed originally appeared on BloggingStocks on Thu, 15 Jul 2010 11:40:00 EST. Please see our terms for use of feeds.

Filed under: Intel (INTC), United Parcel'B' (UPS)Still doubt the sustainability of the U.S. economic recovery? That's understandable, given the length and depth of the recession, and the many transgressions and policy errors that got us into this protracted slump.But, from where I sit, the economic expansion is real and strengthening, and here are two more data points to support this thesis: Intel (INTC), which Tuesday reported impressive first quarter earnings, and equally significant, said it saw strength in the growth of microchips that power business servers -- which indicates that corporate technology spending is moving higher.Continue reading UPS, Intel Earnings Indicate a Strengthening ExpansionUPS, Intel Earnings Indicate a Strengthening Expansion originally appeared on BloggingStocks on Fri, 16 Apr 2010 09:30:00 EST. Please see our terms for use of feeds.Permalink | Email this | Comments

(Reuters) - Stock futures pointed to a flat to weaker start for Wall Street on Thursday, with the Nasdaq Composite futures down 0.3 percent after Cisco System <CSCO.O> offered to buy Norwegian Tandberg for $3 billion in cash

VANCOUVER----AFRICAN QUEEN MINES LTD. is pleased to announce that assay results have now been received from Acme Analytical Laboratories Ltd. for the initial 23 grab rock samples collected as part of the Phase 1 exploration program on its King Solomon Project on the Fingoe Belt in western Tete Province, Mozambique

<P>Assetz is predicting an end to house price falls as early as September 2009, having started to see s