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Follow on Google News | Tradeline Financials - US Economic Market Review - Week 27, 2014Tradeline Financials is an independent, diversified financial services firm catering to all types of investors.
By: Tradeline Financials PR Tradeline Financials - US Economic Market Review - Week 27, 2014 US markets continue to lead the way as the S&P 500 and Dow Jones rally to record closes again yesterday. Economic data in the US has come thick and fast this week and today will be no exception. With a recent poll showing a 5th consecutive month of nonfarm payrolls over 200,000, a feat not seen since the late 90's, it could be fair to say that the US economy is back on track. Ms. Yellen has repeatedly told us this pretty much since she took her position and investors appear to feel the same way. With the S&P looking to break 2,000 and the Dow near 17,000 it has been a long time since the markets in the US have been so buoyant. This along with an absence of volatility not seen for a decade can only describe a nation well and truly out of recovery and into expansion. If employment forecasts are correct and unemployment has dropped down again to its lowest in 5 and a half years, with small businesses hiring more people for 9 consecutive months and the country almost at full employment capacity then it can be expected that the Fed may bring forward their rate increase as many analysts have predicted. Expected in late 2015 a rate increase implemented sooner may spur the economy even further as confidence grows. By the end of the day we will see a whole range of employment data, all forecast to better last months and will solidify the run we have seen of late. With initial and continuing jobless claims, payroll figures and the balance of trade will close out a short week in the US as the celebrate Independence Day. Major Global Indices as of 3rd July 2014: Nikkei - 15,15,342.15 -0.18% Hang Seng - 23,527.52 -0.09% FTSE100 - 6,816.37 +0.20% DAX - 9,911.27 +0.09% S&P 500 - 1,974.62 +0.07% Dow Jones - 16,976.24 +0.12% For more information on the services provided by Tradeline Financials advisors please visit our website at www.tradeline- DISCLAIMER The views, opinions, findings, and conclusions or recommendations expressed on this service are those of the author(s) and do not necessarily reflect the views of the Tradeline Financials. All market data within this release is for your general information and enjoys indicative status only. Tradeline Financials does not accept any responsibility for its accuracy or for any use to which it may be put. All share prices and market indexes delayed at least 15 minutes. 52 week high and low values are calculated from close price data. End
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