Consumer spending and personal income both reported drops in February as financial relief declined sharply during the month, the Commerce Department reported. Personal income fell $1,516.6 billion or 7.1%; disposable personal income (DPI) dropped $1,532.3 or 8.0%. Real DPI decreased 8.2%. Meanwhile, personal consumption expenditures (PCE) declined $149.0 billion or … [Read more...] about Consumer Spending, Personal Income Decline In February As Social Benefits Drop
Renminbi vs. Yuan Debate: Does China Have Two Currencies?
China’s growing influence can no longer be ignored. The country is home to one of the largest and fastest-growing economies. Likewise, it is backed by one of the most robust export economies. The country’s growing influence has also continued to shed more light on the native currency. China’s currency is increasingly becoming a key player on the international scene thanks … [Read more...] about Renminbi vs. Yuan Debate: Does China Have Two Currencies?
Forex Profit Robot Review
Forex Profit Robot is a Forex expert advisor that promises daily profits and the closure of all trades within 24 hours. As per vendor claims, this Forex robot only accepts profitable trading and works on the basis of an advanced algorithm that allows it to outperform its competitors. Of course, the truth of these statements can be verified only after carefully assessing all of … [Read more...] about Forex Profit Robot Review
Step-by-Step Guide to Using the Measured-Move up in a Bullish Reversal Pattern
Introduction The measured-move up (MMU) pattern is a 3-part formation in a stock chart where prices go up, then follow through a retracement before it proceeds to go up again. It describes a long-term bullish reversal. It is the opposite of the measured-move down that occurs as a long-term bearish reversal. The MMU formation begins first with a bullish reversal – then it … [Read more...] about Step-by-Step Guide to Using the Measured-Move up in a Bullish Reversal Pattern
U.S. Unemployment Claims Fall To Lowest Since Coronavirus Pandemic
Unemployment insurance claims fell in late March to the lowest level since the pandemic hit, according to data released by the Department of Labor. Initial claims fell to 684,000 in the week ending March 20, down 97,000 from the previous week's revised level of 781,000. The latest reading is the lowest since claims were at 282,000 on the week of March 14, 2020. The … [Read more...] about U.S. Unemployment Claims Fall To Lowest Since Coronavirus Pandemic
