Our analysis of the Markets and Economy
by Bellevue Financial
We Americans find ourselves in a fine economic pickle of our own making, even if we don’t want to admit that we are in some way responsible for the current crisis. We at Bellevue Financial believe that we are in the midst of a Great Adjustment not unlike that which our grandparents experienced - but different because we got here differently.
[FULL STORY]
Weekly Economic and Market Commentary
by LPL Financial
Accounting for two-thirds of GDP, consumer spending appears to have stabilized in early 2009 relative to the fourth quarter of 2008, as evidenced in recent reports on real personal spending and retail sales for January and the chain store sales data for both January and February.
We Americans find ourselves in a fine economic pickle of our own making, even if we don’t want to admit that we are in some way responsible for the current crisis. We at Bellevue Financial believe that we are in the midst of a Great Adjustment not unlike that which our grandparents experienced - but different because we got here differently.
Accounting for two-thirds of GDP, consumer spending appears to have stabilized in early 2009 relative to the fourth quarter of 2008, as evidenced in recent reports on real personal spending and retail sales for January and the chain store sales data for both January and February.