Archive for October 18th, 2010

Will More Quantitative Easing Help the Economy?

| October 18, 2010

The financial markets are anticipating the announcement of more quantitative easing (QE) from the Federal Reserve in early November, but many analysts are skeptical about the ability of such additional stimuli to actually stimulate economic growth. In his latest weekly commentary, John Hussman of Hussman Funds notes that another trillion dollars of US treasury purchases […]

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Home Builder Confidence Increases in October

| October 18, 2010

The National Association of Home Builders reported that their housing market index (HMI) increased to 16 in October from 13 in September. This is the highest reading since June, although the index remains near the lowest levels on record as shown on the following graph from Calculated Risk. We would expect this index to languish […]

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Short-term Forecast for October 18, 2010

| October 18, 2010

Stock Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the stock markets that we monitor. For intermediate-term outlooks see the latest weekly review, and for long-term outlooks see the latest big picture update. The S&P 500 Index The index closed moderately higher today, moving up to a new high for […]

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