Jay Feldman

Michigan Consumer Sentiment Fell to Five-Month Low in December

U.S. consumer confidence fell in December to a five-month low as Americans grew more concerned about the possibility of higher taxes next year.

Dean’s Organic Milk Claims Draw Criticism From Cited Scientist

Cartons of Dean Foods Co.’s Horizon organic milk fortified with DHA feature a picture of a young girl to illustrate the heart, eye and brain benefits of the additive, referencing the work of a prominent nutritionist.

Retail Purchases in U.S. Unexpectedly Decrease 0.5%

Retail sales in the U.S. unexpectedly fell for a third month in June as limited employment gains took a toll on consumers.

New Jobless Claims in U.S. Declined by 2,000 Last Week

The number of Americans filing first- time claims for unemployment insurance payments declined last week, pointing to gradual improvement in the labor market.

U.S. Adds Fewer-Than-Estimated 103,000 Jobs; Unemployment Declines to 9.4%

Employers in the U.S. added fewer jobs than forecast in December, confirming Federal Reserve Chairman Ben S. Bernanke ’s view that it will take years for the labor market to heal.

Health Care Spurs Consumer Surge in U.S. GDP: Chart of the Day

Consumer spending has surged as a proportion of the U.S. economy since the mid 1960s, and it’s not because Americans splurged on cars, clothes or vacations. Instead they were looking after their wellbeing.

Economy in U.S. Will Probably Keep Cooling as Lack of Jobs Limits Spending

The world’s largest economy will probably keep cooling in the third quarter as a lack of jobs prompts American consumers to rein in spending.

Sales of U.S. New Houses Plunge to Lowest Level on Record

Purchases of U.S. new homes fell in May to the lowest level on record after a tax credit expired, showing the market remains dependent on government support.

U.S. Economy Grew 2.7% in First Quarter, Less Than Forecast

The U.S. economy grew at a 2.7 percent annual rate in the first quarter, less than previously calculated, reflecting a smaller gain in consumer spending and a bigger trade gap.

Capital Goods Orders in U.S. Climb, Signaling Investment Pickup

Business investment in the U.S. picked up in the second quarter, helping sustain the economic recovery, June data on durable goods showed today.

"Sentiment was doing well but reversed because of the fiscal cliff news saturating the headlines."

- Jay Feldman on Dec 21, 2012

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Vinik to Shut Hedge-Fund Business to Focus on Hockey Team

J.C. Penney Spent $170 Million to Install Johnson Team

American Capital Slumps as Mortgage Strategy Backfires

Vodafone’s Verizon Payday Seen Leaving U.K. Empty Handed

U.S. Stocks Rise to Record; Copper Jumps, Treasuries Drop