Cautiously Optimistic Consumers Support Modest Retail Gains; Fed Tapering Will Remain a Wildcard

biz manLittle improvement, but the way to journey from point A to point B without tripping is to take one step at a time.

The Investment Real Estate Research Blog

August 15, 2013

  • Retail sales advanced at a tepid pace in July as consumers maintained a cautiously optimistic stance in the face of mixed economic news. Limited risk tolerance and fragile psyches remain a hallmark of the recession, reiterating that a transition to a consumer-led recovery may still be slow in forming. The positively performing but still-soft retail market will likely weigh on the Fed’s timing as they consider decreasing their infusions into the capital markets. Speculation that tapering will soon begin has already pressured Treasury rates, increasing the 10-year by more than 100 basis points over the last two months. These trends temporarily unnerved the mortgage and auto markets, but rising home values and the strengthening employment market will offset these forces as the “wealth effect” gathers momentum and begins lifting consumption through the remainder of this year.

  • Total retail sales advanced 0.2 percent in July as auto dealers…

View original post 375 more words

Advertisements

About iWriter

Bio: My favorite song is "My Way" by Frank Sinatra; it is a good summary of how I have strived to live my life. I've been many things, worn many hats, and have walked in many shoes. I love to listen to music for inspiration, like 80s pop/rock, 90s grunge music, urban country, Frank Sinatra, Dean Martin, Bing Crosby, Louis Armstrong, Ella Fitzgerald, Billie Holiday, Andrea Bocelli, Lara Fabian, Laura Pausini, Lana Del Rey, Ferras, Keiko Matsui, Chris Botti, Michael Buble and many contemporary Christian artists. You're likely to glean some insights into the enigma of my mind if you dare to read my work. But, ye be warned - once you are drawn into my wake, you may not be able to steer your ship out of the current. ;-) Education: AA, BS, MS, Candidate for Juris Doctor (2019)
Image | This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s