March 29, 2018 | Daily JAM, Morning Briefing |
U.S. stocks are up as of 1:30 p.m. today. The Dow Jones Industrial Average is ahead 0.95% and the Standard & Poor’s 500 stock index is up 1.08%. Two reasons for this, I think, and the second is more important today. First, we had a raft of positive economic news this morning. Second, it’s the end of the first quarter and last chance for window dressing.
November 9, 2014 | Daily JAM |
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September 30, 2014 | Daily JAM, Morning Briefing |
The fact that consumer incomes continue to rise will drive growth in consumer spending despite a drop in confidence that is seems like a reaction to the current very scary global picture