This is real money, and you are the most important part of the show. So tweet me. Ali velshi, the weather is warming up and so is the mood of american consumers, and the question is how much better theyre feeling. Today, the conference board, a private research group, said its Confidence Index increased 1 to 3 points in may, and they dont bother the real number because its hard to explain. But this is significant. Its the second highest reading since january of 2008, which was roughly the beginning of the Great Recession. 83 looks good when you think of the index average, 53. 7 during the entire recession. And this rebound of confidence is a good sign for the u. S. Economy. Because 2 3 of all activity is driven by Consumer Spending in the united states. Economists expected it. And im going to taub to economists, who say given the job momentum wasnt larger than this. We got data today and other data pointing to the reason that some consumers are feeling more upbeat. Home prices continue
Capping its fastest 1,000point gain ever. The market has pulled back below 16,000 at closing, but it has gained close to 22 in 2013. The s p 500 crossed the 1800 mark for the First Time Ever before also retreating slightly in the afternoon. The s p is up more than the dow, almost 26 this year. 16,000 and 1800 dont mean anything in and of themselves, but they give me an excuse to talk to you about your relationship to the stock market. About half of you are invested in the stock market. That means about half of you arent. Stocks and bonds are the most liquid investments americans can make to help build their wealth. Everyone with a little extra money should invest. That means figuring out your personal appetite for risk, and building a smart portfolio 06 mutual funds that fit. You can start by answering some key questions. The most important being what is your investment time horizon. Lets say you are around 50 years old, you want to save for retirement and you have ten years to grow yo
Philippine a loan to rebuild. George zimmerman is behind bars, arrested and charged with assault and battery. Police responded to a disturbance call in seminole county, florida. And a new spacecraft blasted off from the Kennedy Space center today. It is part of nasas First Mission to study the atmosphere of mars. Those are your headlines at this hour. Real money with ali velshi is up next. The dow hit 16,000 for the first time but dont let a fear of heights scare you. Ill show you how to set up a smart portfolio and protect yourself from risk. And the argues for and against more regulation of bitcoin. And a computer lab small enough to fit in a backpack. Im ali velshi, and this is real money. This is real money. You are the most important part of the show, so join our live conversation for the next half hour on twitter at ajrealmoney. For the first time in history, the dow crossed the 16,000 mark. Capping its fastest 1,000point gain ever. The market has pulled back below 16,000 at clos
This is real money, and you are the most important part of the show. So tweet me. Ali velshi, the weather is warming up and so is the mood of american consumers, and the question is how much better theyre feeling. Today, the conference board, a private research group, said its Confidence Index increased 1 to 3 points in may, and they dont bother the real number because its hard to explain. But this is significant. Its the second highest reading since january of 2008, which was roughly the beginning of the Great Recession. 83 looks good when you think of the index average, 53. 7 during the entire recession. And this rebound of confidence is a good sign for the u. S. Economy. Because 2 3 of all activity is driven by Consumer Spending in the united states. Economists expected it. And im going to taub to economists, who say given the job momentum wasnt larger than this. We got data today and other data pointing to the reason that some consumers are feeling more upbeat. Home prices continue
This is real money, and you are the most important part of the show. So tweet me. Ali velshi, the weather is warming up and so is the mood of american consumers, and the question is how much better theyre feeling. Today, the conference board, a private research group, said its Confidence Index increased 1 to 3 points in may, and they dont bother the real number because its hard to explain. But this is significant. Its the second highest reading since january of 2008, which was roughly the beginning of the Great Recession. 83 looks good when you think of the index average, 53. 7 during the entire recession. And this rebound of confidence is a good sign for the u. S. Economy. Because 2 3 of all activity is driven by Consumer Spending in the united states. Economists expected it. And im going to taub to economists, who say given the job momentum wasnt larger than this. We got data today and other data pointing to the reason that some consumers are feeling more upbeat. Home prices continue