Marcelo Perez

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So far Marcelo Perez has created 305 blog entries.

Your Bank Might Be Ripping You Off

By |2019-03-28T16:40:19-04:00March 28th, 2019|Financial Planning|

One quick glance at the interest rate your bank is paying on your hard-earned savings account balance and you'll turn green. Even though the Federal Reserve has been raising benchmark interest rates for the past three years, the big banks have not followed suit. They are the biggest beneficiaries of the Fed’s rate hikes, allowing [...]

US Economic Calendar: April 6-10

By |2009-04-06T09:44:46-04:00April 6th, 2009|Markets|

Weekly calendar of latest economic events and indicators, complete with full reports, charts, graphs, and in-depth analysis. Monday None Tuesday Consumer Credit - Full Report Wednesday Fed Minutes - Full Report Thursday Initial Jobless Claims - Full Report, Charts/Analysis Trade Balance - Full Report, Charts/Analysis Friday None

Economic Report: Non-Farm Payrolls – March

By |2009-04-03T09:54:18-04:00April 3rd, 2009|Markets|

Nonfarm payrolls in the US fell for the 15th straight month, as another 663,000 jobs were lost in March. January, with 741,000 total job losses, became the worst month since 1949, after sharp revisions were accounted for. There were no such revisions for February. The increased losses and revisions signal a worsening labor market, as 5.1 million jobs were lost since the [...]

S&P 500 Holds Support

By |2009-04-02T12:11:29-04:00April 2nd, 2009|Markets|

The bear market rally that started on March 9th proved to be more resilient than expected, as the healthy retracement held support at the 50-day moving average. It has since bounced off the trend line and temporarily broke resistance at 840: