Post on 05-Dec-2014
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Economic Update For Credit Unions Economic Update For Credit Unions
October 4, 2011
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U.S. Economy StallsHeadwinds:
Consumer Confidence Is The Lowest Since The Credit Crisis
More Than A Year Away From Any Meaningful Turnaround In The Housing Market
Food And Oil Prices Are Leveling Out But Still Volatile
The Unemployment Is Likely Not To Fall Back To Pre-Crisis Levels For Years
Sovereign Debt Issues
A Flood Of New Regulations Are On The Horizon
Odds Of A Recession Is Now 5 Out Of 10
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Consumer Confidence
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Unemployment Will Remain A Serious Problem
25 Million Americans Are Unemployed or UnderemployedAverage Duration 40 Weeks
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Older Workers Are More Likely To Delay Retirement
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Record Low Mortgage Rates
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Housing Market Index
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Gas Prices
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Gold Prices
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Has Kept Interest Rates Near Zero
Lent Over $3 Trillion Through The Discount Window
Purchased Hundreds Of Billions Of Dollars Of Fannie Mae And Freddie Mac Bonds
Monetizing Debt… Making Money Out Of Nothing At All
Selling Notes And Buying Treasuries
The Federal Reserve
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European Debt CrisisJapanArab UprisingIraqAfghanistanIran
International Worries
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Japan Is A Key Supplier To Electronics And Automotive Industries, Supply-Chain Disruptions Pose A Larger Risk
To Global Manufacturing Industries
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2011
Due To Strong Profit Growth, Corporations Are Flush With Cash
Business Investment Will Outpace The Overall Economy
Due To Low Dollar, The Export Sector Is Supporting Overall GDP Growth
The Private Sector Has Deleveraged
Any Recession Is Likely To Be Short And Shallow
Bright SpotsBright Spots
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U.S. Treasury Yields
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GDP Forecasts Risk For Recession Is Now At 50%
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Market OutlookWhat’s Happening In
The Stock Market?
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Volatility Of The S&P 500Volatility Of The S&P 500
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Profits Up Amid Lower GDP Not Hiring Workers
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Total S&P 500 Companies’ Earnings Grew 19.45% On A Year-Over-Year Basis During The Quarter, Driven By Better-than-expected Earnings Growth In 9 Of 10 Equity Market Sectors.
Earnings Growth Rates Surpassed Expectations In Several More Economically Sensitive Sectors, Including Financials, Information Technology, Industrials, Energy, And Consumer Discretionary.
Corporate Earnings
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Financial Conditions Appear Strongly Accommodative
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January 1, 2000 To December 31, 2009
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September 1, 2010 To August 31, 2011
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March 9, 2009 To August 31, 2011
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Market Predictions
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Closing ThoughtsClosing Thoughts
2011 In The Next 20 Years We Will Witness The Largest Movement Of People Into The Middle Class In The History Of The World
Eastern Europe, China And India Are Already Leading the Way, With South America, And Africa Not Far Behind
The Internet Has Democratized Information The Likes Of Which Has Not Happened Since The Invention Of The Printing Press
Freedom Is On The March And Where It Succeeds Wealth Follows
The Future Is Ours For The Taking
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Money Concepts International. Inc.11440 N. Jog Road
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