We learned today that the u. S. Economy grew at its fastest rate in 11 years last quarter. 5 for the three months ending in september blew away most forecasts, in the second quarter. Its the latest evidence that the economy is now sizzling five months after it began, and the rest is continuing to struggle. Goods and services, and the Third Quarter gains came from strong spending from consumers, businesses and the federal government. Reasons for wall street to cheer and for the Stock Traders to wear silly hats. Dow jones passed 18,000 for the first time ever. The dow is up 9 this year, and the s p has gained almost 13 . The recent gain in stocks has been fueled by the federal reserve, saying that it will be patient in raising interest rates, mainly due to Falling Energy prices, keeping a lid on inflation, and gasoline prices are putting more money in the pockets of consumers. It all sounds great, especially when you consider that average housing had impressive gains in november. But let
The Empire State Buildings dazzling colour show. We begin with the christmas se celebrations at home and around the square. Thousands flock to listen to the popes christmas message. He urged people not to help with the suffering of others. Translation i ask him, the saviour of the world today to look upon our brothers and sisters in iraq and syria, who for too long suffered the effect of ongoing conflict and who, together with those belonging to ethnic groups are suffering a brutal persecution. May christmas bring them hope. In england Queen Elizabeth had a similar message of reconciliation. She was moved by the sacrifice of aid workers who risked their lives to help others. Bringing reconciliation to wars or emergency homes is a harder task. I have been touched by the selflessness of aid workers and medical volunteers who have gone abroad to help victims of conflict, or diseases like ebola, often at great personal risk. 268 miles above the planet there was an out of this world christm
We learned today that the u. S. Economy grew at its fastest rate in 11 years last quarter. 5 for the three months ending in september blew away most forecasts, in the second quarter. Its the latest evidence that the economy is now sizzling five months after it began, and the rest is continuing to struggle. Goods and services, and the Third Quarter gains came from strong spending from consumers, businesses and the federal government. Reasons for wall street to cheer and for the Stock Traders to wear silly hats. Dow jones passed 18,000 for the first time ever. The dow is up 9 this year, and the s p has gained almost 13 . The recent gain in stocks has been fueled by the federal reserve, saying that it will be patient in raising interest rates, mainly due to Falling Energy prices, keeping a lid on inflation, and gasoline prices are putting more money in the pockets of consumers. It all sounds great, especially when you consider that average housing had impressive gains in november. But let
Economy grew at its fastest rate in 11 years last quarter. 5 for the three months ending in september blew away most forecasts, in the second quarter. Its the latest evidence that the economy is now sizzling five months after it began, and the rest is continuing to struggle. Goods and services, and the Third Quarter gains came from strong spending from consumers, businesses and the federal government. Reasons for wall street to cheer and for the Stock Traders to wear silly hats. Dow jones passed 18,000 for the first time ever. The dow is up 9 this year, and the s p has gained almost 13 . The recent gain in stocks has been fueled by the federal reserve, saying that it will be patient in raising interest rates, mainly due to Falling Energy prices, keeping a lid on inflation, and gasoline prices are putting more money in the pockets of consumers. It all sounds great, especially when you consider that average housing had impressive gains in november. But lets be clear. Americans continue t
A little chop in the market today as we watch political turmoil in greece. Oil moving higher, back above 55. Some supply concerns bubbling over in libya. In the tenyear, settled back to 222. That is about a oneweek low. Our road map begins with global fears returning to the market. Greeces failure to elect a president has europe in the red and u. S. Futures pointing slightly lower. Forget the Movie Theater on demand. Nearly five times the size of the physical box office. What it means for the future of movie releases. Move over yuber. Chinese market is now the worlds most valuable tech startup. Equity futures edging lower. Global uncertainty returning to the market following seven Straight Days of gains. European shares back to work leading the decline as the Greek Parliament fails to elect a president. That does set up some nationwide elections in january potentially derailing the countrys bailout agreement. Greek stocks were down double digits. We are going to talk more about the sar