Pimco's Gross sees stock and bond returns less than 5% in 2013 Bill Gross made this comment on PIMCO's official Twitter account. Bill Gross wrote today in the post: “2013 Fearless Forecasts: 1) Stocks & bonds return less than 5%. 2) Unemployment stays at 7.5% or higher 3) Gold goes up.” Reference Link
News For NOSYMBOL From The Last 14 Days
Check below for free stories on NOSYMBOL the last two weeks.
Futures move higher following release of economic data U.S. equity futures moved higher following the release of the Consumer Price Index report. The data showed that consumer prices rose 0.1% overall in the month of July versus expectations of an increase of 0.1%. Excluding food and energy, the core reading showed an increase of 0.1% versus the expected increase of 0.2%. Housing starts increased 15.7% versus the expected increase of 8.1% while building permits rose 8.1% versus the expected increase of 2.8%.
ICSC-Goldman Store Sales data reported Week of 8/16 ICSC-Goldman Store Sales down -1.3% for the week
Market looks to extend gains U.S. equity futures are trading just slightly above fair value following yesterday’s big advance. Easing political tensions and fundamental stability in the marketplace have caused investors to become more optimistic. As a result, the market is on track to have its best performance since February. Today investors will focus on reports on consumer prices, housing starts, and building permits.
Dallas Federal Reserve Bank President to speak at conference Dallas Federal Reserve Bank President Fisher to speak at the 38th Annual Southwest Securities Conference being held in Dallas on August 19 at 1 pm.