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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy. Meanwhile, USA must correct debt and raise the interest rates. Raising the interest rates in the USA and dropping them in Europe, recovers the European domestic demand and EE.UU may return to invest in Europe, with a stronger dollar, without any problem, generating hundreds of thousands of Jobs

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May UMich sentiment highest since 2007


WASHINGTON (MarketWatch)
The final May reading of the University of Michigan and Thomson Reuters consumer-sentiment index jumped to 84.5 - the highest level since July 2007 - from 76.4 in April, according to news reports
A preliminary May reading pegged the gauge of 83.7
Economists polled by MarketWatch had expected a final May reading of 83.8

5 comentarios:

El Genio dijo...

WASHINGTON (MarketWatch) — A gauge on consumer sentiment this month reached the highest level since 2007, thanks to cheerier expectations and a rosier outlook on current economic conditions, according to data released Friday.

El Genio dijo...

The final May reading of the University of Michigan and Thomson Reuters consumer-sentiment index jumped to 84.5 — the highest level since July 2007 — from 76.4 in April.

El Genio dijo...

The surge in consumer confidence is exactly the type of economic jump-start the Federal Reserve intended to result from its aggressive policies,” said Richard Curtin, the survey’s chief economist. “To be sure, consumers still expressed concerns with their financial prospects, especially about income gains over the longer term.”

El Genio dijo...

“For the first time in five years, more consumers reported that their finances had improved rather than worsened, with recent income gains the most common reason,” according to the report

El Genio dijo...

According to the UMich report, a gauge of consumers’ views on current economic conditions rose to 98 in May from 89.9 in April. Meanwhile, a barometer of their expectations increased to 75.8 from 67.8.