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Old 06-21-2011, 01:48 AM   #1
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Default July’s diagram was lowered along 5 percent

The economy will proceed to be one of the major focuses this week Pandora Silver Bracelet With Beads And Charms, by with oil prices. These two go hand in hand Pandora silver bracelet with beads and charms, with oil having a major clash above economic progress. The Fed stated at their last two FOMC conferences that oil prices were the cardinal cause because economy disability in the summer months. On Monday, oil prices hit different log lofty and this could be a problem as the economy going amenable. Today’s releases were restricted to fashionable family bargains and investor optimism. New home sales were stronger in August then they were in July Pandora Colored Glaze Bead, fueled along lower mortgage rates. However, July’s figure was lowered by five percent, granting August’s file apt show one addition of 9.4 percentage to 1.184 million elements. Even so, amuse rates that are higher from a year antecedent have moved sales down on a year over annual foundation as three straight months now. Mortgage rates remain underneath six percent and this has kept sales strong. However, as the economy recovers, rates are expected to push higher and this will have a colossal impact on hereafter family sales. Though more jobs and a stronger economy will offset some of the impact of higher interest rates, home sales are still anticipated to show a thespian decline former in early 2006. The UBS Index of Investor Optimism fell to a four month cheap in September, declining three points to 74. Inside the report, the economy index really rose two points Pandora Silver Earrings with Green bead, yet the private concordance gave up 5 points. Of those surveyed Pandora silver bracelet with beads and charms, only 56 percent believe immediately namely a nice period to invest, which is down four points from final month. Investors are cared with oil prices and rightfully so. Oil prices, along with job outsourcing, are the biggest problems in the attitude of the survey. Both garnered 56 percent of votes on what was impairing the stock market currently. Traders do not favor uncertainty, but this namely what we have right now in the mart location. However Pandora Silver Charm, only 20 percent of those surveyed deem that the Presidential referendum is holding the markets behind. However, 48 percent watch a win by President Bush a assured Pandora silver bracelet with beads and charms, while only 29 percent see a win by John Kerry as positive for stocks. It is normally believed that Republicans are extra affair friendly and tends to mean stocks benefit from a win by the Republicans. Oil is definitely an publish that traders are keeping an eye on. Monday saw raw approach a current 52-week high while it hit a price of $49.75 a barrel. This took out the high fulfilled back on August 20. Oil likewise closed at new record high of $49.64. The Fed made it explicit in their last two statements that high oil prices had an impact on the economy during the summer. Now that oil has outdid the summer highs, there is not reason to believe that oil will not have a negative impact on the economy once afresh. If and when petrol prices push back on two greenbacks a barrel, sentiment will ebb and this could create less purchaser costing and ultimately lower profits. Tuesday’s economic schedule will see newspaper shackle store sales data and consumer trust data released. It will be interesting to see how higher oil prices started to impact sentiment in September. Economists are actually expecting a small gain in the Conference Board consumer reassurance index. Jody OsborneSenior Writer Options StrategistOptionetics ~ Your Options Education SiteVisit Jody's Forum
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