Archive for October 30th, 2010

Residential Investment Remains Weak

| October 30, 2010

The Bureau of Economic Analysis reported that residential investment (RI) declined to 2.2% of total GDP in their advance estimate of third quarter economic data. As shown on the following graph from Calculated Risk, RI has moved down to a new long-term low. This is the first time since the Great Depression that RI has […]

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Intermediate-term Forecast for October 30, 2010

| October 30, 2010

Stock Weekly Chart Analyses The following technical and cycle analyses provide intermediate-term forecasts for the stock markets that we monitor. For short-term outlooks see the latest short-term forecast and for long-term outlooks see the latest long-term forecast. The S&P 500 Index The index closed near unchanged this week, holding at recent highs of the short-term […]

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