Read this: U.S. consumer confidence rebounded in December. The Conference Board said its index of consumer sentiment climbed to 109.0 in December. Economists polled by Reuters on average had forecast a December reading of 102.0.
And this: The National Association of Purchasing Management-Chicago business barometer rose to 52.4 from 49.9 in November. Economists had forecast the index at 50.5. A reading above 50 indicates expansion.
Finnally this: The number of workers applying for jobless benefits rose a smaller-than-expected 1,000 to 317,000 in the week ended Dec. 23. Wall Street economists had forecast that claims in the Dec. 23 week would be a seasonally adjusted 320,000.
Despite, next FED rate decision, 2007 will have a good start.
2 comments:
Small signals, but hope cannot die!
The bulls are here. But they are not raging bulls!
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