The markets react instantly to variations in the Consumer Confidence Index (CCI) that is used for measuring the level of consumer confidence in the economy. The index takes into account the consumer expenditure and savings. It is an important economic indicator as it depends on activities that account for more than two-thirds of the total economic activity. [Read more…]
Analysts Fear Housing Market Still Unstable
As the Federal Reserve finally pulls out its continued support to the housing markets, the sector is poised to witness major changes in the near future.
While the announcement by the Fed to stop further purchases of mortgage loans to shore up the sector is not exactly a bolt out of the blue, the actual event is still likely to leave a trace of uncertainty and fear in the minds of investors. However, so far the market has not shown any drastic changes following the news of the Fed pullout. [Read more…]
