Michael Gapen

Type: Person
Name: Michael Gapen
First reported Aug 29 2014 - Updated Aug 30 2014 - 1 reports

U.S. Consumer Spending Declines 0.1% in July -- Update

By Eric MorathWASHINGTON--Consumer spending fell in July and income growth was weak, signs that cautious consumers could restrain economic growth in the second half of the year.Personal spending, which measures what Americans pay for everything from sneakers ... [Published 4 Traders - Aug 29 2014]
First reported Aug 29 2014 - Updated Aug 30 2014 - 2 reports

S&P 500 MAKES A NEW ALL-TIME HIGH: Here's What You Need To Know (DIA, SPY, QQQ, TLT, IWM)

Wikimedia CommonsIt's a long weekend for U.S. investors: time to barbecue some ribs.Stocks went nowhere in a quiet trading session ahead of the Labor Day holiday weekend. As Rich Barry of NYSE put it in his mid-afternoon update on Friday: " Felt like ... [Published Business Insider - Aug 29 2014]
First reported Aug 29 2014 - Updated Aug 29 2014 - 2 reports

Here Come The Q3 GDP Downgrades...

Following the significantly weaker-than-expected spending data , the sell-side has begun its inglorious downgrades of the exuberant hockey-stick growth expectations they all extrapolated off Q1 lows... Goldman cut from +3.3% to +3.1% and Barclays slashed ... [Published Zero Hedge - Aug 29 2014]
First reported Aug 26 2014 - Updated Aug 26 2014 - 2 reports

S&P 500 CLOSES ABOVE 2,000 FOR THE FIRST TIME EVER: Here's What You Need To Know (DIA, SPY, SPX, QQQ)

First, the scoreboard:And now, the top stories on Monday:1. Durable goods orders surged 22.6% in July due to an expected spike in aircraft orders. In July, Boeing reported orders for 324 planes, up from 109 in June. Nondefense capital goods order excluding ... [Published Business Insider - Aug 26 2014]
First reported Aug 26 2014 - Updated Aug 26 2014 - 1 reports

Sales of new homes decline

Fewer Americans bought new homes in July, evidence that the housing sector is struggling to gain traction more than five years into the economic recovery.The Commerce Department said Monday that new-home sales fell 2.4 percent last month to a seasonally ... [Published Journal-Gazette - Aug 26 2014]
First reported Aug 25 2014 - Updated Aug 25 2014 - 2 reports

Get Ready For A Startling Durable Goods Report On Tuesday (SPX, SPY, QQQ, DIA, TLT, IWM, BA)

REUTERS/Marcus DonnerAircraft orders took off in July.On Tuesday, August 26, the Census will release its advance report on durable good orders for July.Expectations are for the headline reading to show orders grew 8%, according to data from Bloomberg ... [Published Business Insider - Aug 25 2014]
First reported Aug 25 2014 - Updated Aug 25 2014 - 1 reports

FX round-up: Euro gaps lower, cable seen at 1.60 longer-term

Although traders continue to complain about the historically low levels of volatility, including in foreign exchange markets, some currency pairs began the week with a 'bang' following aggressive remarks from European Central Bank (ECB) President Mario ... [Published BullBearings - Aug 25 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

U.S. Builder Confidence Highest since January

Home construction began tumbling off in the second half of 2014 as declining affordability affected interest.U.S. Homebuilder’s confidence was at its optimum in August with the advent of improving job market and declining home loan rates improved the ... [Published Industry Leaders Magazine - Aug 19 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

India can continue to outperform: Nigel Tupper

Excerpts from Bazaar on CNBC-TV18 Watch the full show »Nigel Tupper of BofA ML said, "Investors continue to increase their overweight in India - the most overweight country in Asia. We agree that India can continue to outperform."He further added, "Seven ... [Published Moneycontrol.com - Aug 18 2014]
First reported Aug 12 2014 - Updated Aug 13 2014 - 1 reports

US job openings reach 13-year high

US job openings reached their highest level in 13 years, while hiring also picked up, according to official figures from Washington on Tuesday.An indication of labour demand, seasonally adjusted job openings increased to 4.67m in June, the highest level ... [Published London South East - Aug 12 2014]
First reported Aug 12 2014 - Updated Aug 12 2014 - 1 reports

Fresh data shows U.S. jobs market tightening

A man walks past job seekers as they fill out job applications for recruiters during a job fair in New York, June 11, 2013.Credit: Reuters/Lucas Jackson(Reuters) - The share of unemployed Americans competing for each open job hit a six-year low in June, ... [Published Reuters - Aug 12 2014]
First reported Aug 04 2014 - Updated Aug 04 2014 - 1 reports

US unemployment rate edges up to 6.2% in July

US JOBS growth pulled back in July, suggesting the US recovery may be a little less robust than previously thought. This provides some respite to emerging markets as it reduces the likelihood of the US Fed bringing forward its first interest rates hi ... [Published BDlive - Aug 04 2014]

More Content

All (48) | News (26) | Reports (0) | Blogs (21) | Audio/Video (1) | Fact Sheets (0) | Press Releases (0)
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S&P 500 MAKES A NEW ALL-TIME HIGH: Here's What ... [Published Business Insider - Aug 29 2014]
S&P 500 MAKES A NEW ALL-TIME HIGH: Here's What ... [Published Clusterstock - Aug 29 2014]
U.S. Consumer Spending Declines 0.1% in July --... [Published 4 Traders - Aug 29 2014]
Here Come The Q3 GDP Downgrades... [Published Zero Hedge - Aug 29 2014]
Here Come The Q3 GDP Downgrades... [Published Zero Hedge - Aug 29 2014]
S&P 500 CLOSES ABOVE 2,000 FOR THE FIRST TIME E... [Published Business Insider - Aug 26 2014]
S&P 500 CLOSES ABOVE 2,000 FOR THE FIRST TIME E... [Published Clusterstock - Aug 26 2014]
Sales of new homes decline [Published Journal-Gazette - Aug 26 2014]
Get Ready For A Startling Durable Goods Report ... [Published Business Insider - Aug 25 2014]
Get Ready For What Could Be One Of The Craziest... [Published Clusterstock - Aug 25 2014]
FX round-up: Euro gaps lower, cable seen at 1.6... [Published BullBearings - Aug 25 2014]
Wall Street's Take On Jackson Hole: "Yellen Was... [Published Zero Hedge - Aug 22 2014]
Wall Street's Take On Jackson Hole: "Yellen Was... [Published Zero Hedge - Aug 22 2014]
Fed Officials Ready for Faster Rate Increase as... [Published Bloomberg - Aug 21 2014]
Some Of The World's Brightest Minds Are Meeting... [Published Business Insider Australia - Aug 19 2014]
Some Of The World's Brightest Minds Are Meeting... [Published Business Insider - Aug 19 2014]
Some Of The World's Brightest Minds Are Meeting... [Published Clusterstock - Aug 19 2014]
U.S. Builder Confidence Highest since January [Published Industry Leaders Magazine - Aug 19 2014]
STOCKS SURGE, DOW GAINS 174, NASDAQ HITS 14-YEA... [Published Clusterstock - Aug 18 2014]
India can continue to outperform: Nigel Tupper [Published Moneycontrol.com - Aug 18 2014]
US job openings reach 13-year high [Published London South East - Aug 12 2014]
Fresh data shows U.S. jobs market tightening [Published Reuters - Aug 12 2014]
US unemployment rate edges up to 6.2% in July [Published BDlive - Aug 04 2014]
STOCKS CRATER, DOW PLUNGES 300 POINTS: Here's W... [Published Clusterstock - Jul 31 2014]
Chicago PMI plunges in biggest one-month drop s... [Published Morningstar.com - Jul 31 2014]
U.S. economy rebounds [Published Toledoblade.com - Jul 31 2014]
U.S. economy bounces back [Published Minneapolis Star Tribune - Jul 31 2014]
U.S. economy grew at 4 percent rate in 2nd quar... [Published Tampa Bay Times - Jul 31 2014]
Economy brightening as hiring, spending rise [Published USA Today - Jul 31 2014]
STOCKS GO NOWHERE, FAMILY DOLLAR AND ZILLOW ANN... [Published Clusterstock - Jul 28 2014]
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Blogs

sort by: Date | Relevance
S&P 500 MAKES A NEW ALL-TIME HIGH: Here's What ... [Published Clusterstock - Aug 29 2014]
Stocks went nowhere in a quiet trading session ahead of the Labor Day holiday weekend. As Rich Barry of NYSE put it in his mid-afternoon update on Friday: "Felt like I was the only knucklehead commuting to work this morning." Despite the quiet trading ...
Here Come The Q3 GDP Downgrades... [Published Zero Hedge - Aug 29 2014]
Following the significantly weaker-than-expected spending data , the sell-side has begun its inglorious downgrades of the exuberant hockey-stick growth expectations they all extrapolated off Q1 lows... Goldman cut from +3.3% to +3.1% and Barclays slashed ...
S&P 500 CLOSES ABOVE 2,000 FOR THE FIRST TIME E... [Published Clusterstock - Aug 26 2014]
We're still hitting new records in the stock market. First, the scoreboard: Dow:  17,115.6, +38.7, (+0.2%) S&P 500: 2,000.7, +2.8, (+0.1%) Nasdaq:  4,571.8, +14.4, (+0.3%) And now, the top stories on Monday: 1. Durable goods orders surged 22.6% ...
Get Ready For What Could Be One Of The Craziest... [Published Clusterstock - Aug 25 2014]
On Tuesday, August 26, the Census will release its advance report on durable good orders for July. Expectations are for the headline reading to show orders grew 8%, according to data from Bloomberg. But according to Wall Street economists, that ...
Wall Street's Take On Jackson Hole: "Yellen Was... [Published Zero Hedge - Aug 22 2014]
Confused by what Janet Yellen said? As it turns out, so is everyone else, where the prevailing sentiment across the sell-side analysts was that Yellen was not dovish enough. Then again, with expectations bordering on Yellen giving the "BTFATH" green ...
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Audio/Video

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Barclay's Michael Gapen on why he cut his Q1 GD... [Published Reuters Video: Business - Jun 12 2014]
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