Economic DATA / Journal and synthesizing data.
Key Indicator assessment
FORMAT SAMPLE :
REPORT: Beige Book Survey or “Summary of Commentary on Current Economic Conditions by Federal Reserve District”
SOURCE: The Federal Reserve @ thefederalreserve.gov
FREQUENCY: 8 times per year
TIMELINESS: Timely, two weeks before the Federal Open Markets Committee (FOMC) Meetings
TREND: Generally up <<<<< Expand on the trend
TODAY’S REPORT: Today’s report shows patchy, modest growth in the US, that is too anemic to trigger an imminent slowing of bond buying by the Fed thus fostering expectations of continued low interest rates for the time being. Home and auto sales were up, but considered too weak to withstand even the suggestion of rising interest rates.
IMPACT ON MARKET AND WHY: The Beige Book is well regarded since it is one of the books the FOMC considers before making interest rate decisions and is the only document the public is privy to prior to their decision. While timely and awaited with eager anticipation, this book is a poor predictor of actually decisions and policies, yet if it suggests lower interest rates, bonds are favorably affected as are equities, but the dollar can be expected to sink.
STOCKS: The stock market continues sliding and is attributed to the specter of potential weaning off from QE 3. As one radio pundit was heard saying no one wants to be the one without a chair when the music stops playing so there is a dash to the exits.
BONDS: Rising interest rates create a drop in bond prices as they struggle to compete with higher yielding vehicles, but lifts other fixed income yields like CDs and money market funds and so rewards savers.
INDUSTRY: Confidence and purchasing power remains low and people are reluctant to separate from their money. Rising inflation pressures may make companies leery of investing, but rates remain quite low.
HOW THIS IS IMPORTANT TO MY INVESTMENT STRATEGY: This report further confirms my need to move out of bonds and into another area, be it equities, real estate or tax liens as any real move up in interest rates will lower bond prices.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more