The weekly Zeitgeist (info) from the Atlantic magazine…….
For the week of October 26………..
Pollster.com
Obama Average Job Approva l50.5
Pollster.com
Obama Favorability 55.7%
Pollster.com
Right Direction / Wrong Track 40.1% / 54.7%
Pollster.com
Congressional Approval 18.4%
Standard & Poor’s
S&P 500 1,086.39 (up 252 points since 1/20/09)
National Federation of Independent Businesses
Small Business Optimism Index 88.8 (up 0.2% from August)
ABC News/Washington Post
Consumer Comfort Index 50 points below zero
U.S. Department of Labor
Initial Weekly Jobless Claims 531,000 (down 54,000 since 1/20/09)
Bankrate.com
Interest on 30-Year Fixed Mortgage 5.14%
RealtyTrac
Newly foreclosed properties in Septembe r343,638
U.S. Department of Labor
Unemployment 9.8%
U.S. Department of Labor
Consumer Price Index +0.2 in September
Mortgage Bankers Association
Quarterly Delinquency 9.24%
Natinal Association of Realtors
Sales of Existing Homes, Annual Rate (Monthly) 5.10 million in August (down 2.7% from June)
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Political News From Reuters…..- House heads toward close healthcare vote March 16, 2010WASHINGTON (Reuters) - Congressional Democrats took the first step on Monday toward a quick final vote on a healthcare overhaul and House of Representatives Speaker Nancy Pelosi vowed to muster the votes needed to pass it.
- Sen Dodd boosts Fed in new financial reforms March 15, 2010WASHINGTON (Reuters) - The Federal Reserve would take on a greatly expanded role in financial regulation under new legislation unveiled on Monday by a top Senate Democrat, in a push to move ahead with the regulatory reform that has been a top priority of President Barack Obama.
- Fed saves some regulatory authority in Dodd plan March 15, 2010WASHINGTON (Reuters) - The Federal Reserve would retain some but not all of its oversight powers in the changed financial landscape envisioned by Senate Banking Committee Chairman Christopher Dodd in a plan unveiled on Monday.
- House heads toward close healthcare vote March 16, 2010
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