|
|
Wikinvesting since
Feb 2008
wikinvest Director
|
||
| earned | |
| Director | rating |
| making 73 | edits |
| to 48 | articles |
| last edit 272 | days ago |
The Leading Economic Index (LEI) increased for the 7th straight month to 103.8, the highest level since the fall of 2007, and the first time in more than five years of 7-consecutive monthly increases (since early 2004).
Details:
Six of the ten indicators that make up The Conference Board LEI for the U.S. increased in October. The positive contributors ? beginning... read more
Last summer the odds for a federal government-run health insurance plan to be approved before the end of the year were around 50%, according to futures contracts traded on Intrade.com. Those odds have now fallen to a contract-low of only 2.2%. Odds for health care reform passing by March 2010 or June 2010 are higher, see details here.
Weekly jobless claims fell for the 11th straight week to 514,000 (four-week moving average), reaching the lowest level in a year (since November 15, 2008), according to today's report from the Department of Labor (see chart above).
| ||||||