Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “When there is an original sound in the world, it makes a hundred echoes.” – John A. Shedd BERNANKE REASSURES WALL STREET At the annual Federal Reserve summer retreat at Jackson Hole, WY on Friday, Fed chairman Ben Bernanke said that the central bank “is prepa...
Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “Chance favors only the prepared mind.” – Louis Pasteur A JUMP IN HOUSING STARTS In a relatively light week of economic data, one of the notable items was a 1.7% rise in new home construction in July. Economists had expected only a 0.2% increase in that category. ...
Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “There have been as great souls unknown to fame as any of the most famous.” – Ben Franklin UNEMPLOYMENT REMAINS AT 9.5% The American economy added 71,000 jobs in July but lost 202,000 others (143,000 of those positions were short-term Census Bureau hires). The pri...
Presented by Mark Lund, The Investor Coach. WEEKLY QUOTE “Live out of your imagination, not your history.” – Dr. Stephen Covey HOME SALES & HOME PRICES IMPROVE The Commerce Department said new home purchases surged by 23.6% for June, bouncing back nicely from May’s historic ret...
Presented by Mark Lund, The Investor Coach.
QUOTE OF THE WEEK:
“The world demands the qualities of youth: not a time of life but a state of mind,
a temper of will, a quality of the imagination, a predominance of courage over timidity
of the appetite for adventure over the love of ease." – Robert F. Kennedy
