consumer confidence posts
FeedPosted Dec 29th 2009 4:20PM by Douglas McIntyre (RSS feed)
Filed under: After the Bell, Apple Inc (AAPL), Nokia Corp. (NOK), Oil, S and P 500, DJIA, Housing, NASDAQ

The DJIA has not moved much since mid-month and today was no exception with all three major indexes close to flat.
The Conference Board said that its Consumer Confidence Index rose to 52.9 for December, up from up from 50.6 in November. Both numbers are extremely low compared to a reading of closer to 90 in an expanding economy. The S&P/Case-Shiller index of home price rose a tiny .4% from September to October, but the most recent figure for the housing market was still down 7.3% from last year. Housing prices may be about to find a bottom, but, if so, the case for it is still shaky.
The unofficial closing bell numbers:
Dow 10,545.41 -1.67 (-0.02%)
S&P 500 1,126.19 -1.59 (-0.14%)
Nasdaq 2,288.40 -2.68 (-0.12%)
Continue reading Closing bell: Market Lacks Conviction, Again (AAPL, NOK)
Posted Oct 28th 2009 10:50AM by Tom Johansmeyer (RSS feed)
Filed under: International Markets, India, Japan, Economic Data, Eastern Europe
Consumer confidence ticked upward for the first time since 2007. Around the world, consumers are becoming more comfortable with the prospect of shelling out some cash, even if they're still approaching the notion with caution.
According to a survey conducted by The Nielsen Company between September 28 and October 16, 2009, consumer confidence was highest in India, with Indonesia and Norway following. Japan, Latvia, Portugal, and South Korea were at the other end of the spectrum, though South Korea did show a significant quarterly improvement.
Continue reading Consumer confidence up around the world, a first since 2007
Posted Sep 29th 2009 5:00PM by Michael Fowlkes (RSS feed)
Filed under: International Markets, Forecasts, Consumer Experience, Middle East, Market Matters, Money and Finance Today, Oil, Israel, Recession, Financial Crisis

Oil prices
dropped a bit today, as investors weigh news that consumer confidence took a hit in September.
Today's move was not a sizable one, but further evidence that investors are concerned over just how strong the current economic recovery really is. News came out today that
consumer confidence is down in September as more Americans are concerned over the weak job market.
Continue reading Oil prices fall as consumer confidence drops
Posted Sep 29th 2009 3:40PM by Michael Fowlkes (RSS feed)
Filed under: Forecasts, Bad News, Consumer Experience, Recession, Financial Crisis

As we continue to question whether or not America is emerging from the recession, one indicator that a lot of people are paying attention to is consumer confidence. Unfortunately,
consumer confidence fell unexpectedly this month, as more and more people are worried about their jobs.
According to the New York-based Conference Board, its consumer confidence index dipped to 53.1 in September, down from 54.5 in August.
The dip ends a three month streak, and is being blamed mostly on Americans concerns over job security. The drop raises concerns over any economic rebound, and comes at a bad time for retailers that are gearing up for the upcoming holiday season.
Continue reading Consumer confidence drops unexpectedly
Posted Sep 27th 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts, Darden Restaurants (DRI), NIKE, Inc'B' (NKE), Economic Data
Autumn has arrived and the quarter winds down this week. The Dow has been inching toward 10,000 for a while now, though it closed lower in the past three sessions. Can it make it to 10,000 for the start of the third quarter? If so, what will push it higher? If not, what will drag it down further?
Continue reading The week in preview: Is the rally over?
Posted Aug 9th 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts, Wal-Mart (WMT), Penney (J.C.) (JCP), Blockbuster Inc 'A' (BBI), Kohl's Corp (KSS), Economic Data
Last week offered mixed messages about whether an economic recovery is indeed underway. The unemployment figures were not as bad as feared, but July sales numbers were nothing to write home about, despite the wild popularity of the so-called cash-for-clunkers program.
The question is, where has consumer confidence (and consumer spending) been? Retail is a good place to look, and as it turns out, this week several shopping mall and strip mall favorites will be reporting earnings for the most recent quarter.
Continue reading The week in preview: Eye on retail -- Walmart, Macy's, Blockbuster ...
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