Hopeful Economic Indicators

Posted on by John at 12:11 | Be the First to Comment

Predicting when the economy will turn around is a risky endeavor, however, a recent Wall Street Journal article, “Economy Raises Tentative Hopes a Trough Is Finally in Sight” is cautiously taking some recent indicators as a positive sign for recovery.

In contrast to months of doom, gloom, and fear-mongering in the news, there are positive signs. The Dow has risen for three weeks in a row, its longest streak of weekly gains since May, the Standard & Poor’s 500 index rose 6.2% on the week, while the Nasdaq composite rose 6%.1

Despite the pullback, stock-market bulls see signs of a gradual turn that weren’t evident in other rallies over the last 17 months. Data suggest the economy is gradually making a turn, said Fred Dickson, market strategist at D.A. Davidson.2

While unemployment and foreclosure is a real and painful, issue–there is positive news to be found, and opportunities to be taken advantage of.

  1. http://online.wsj.com/article/SB123815206405655957.html []
  2. http://online.wsj.com/article/SB123815206405655957.html []
Categorized Finance Tagged , | 0 |

Biking for Babies

Posted on by John at 16:37 | Be the First to Comment

For spring break, instead of vacationing in Cancun or Florida, two college students, Jimmy and Mike are biking 600 miles in 6 days. Why? To raise money for charity, specifically the Crisis Pregnancy Center, an organization in Champaign, IL, that provides counseling, aid, and support to pregnant mothers who find themselves in difficult circumstances.

The pair set off today from Carbondale, in southern Illinois, and over the next six days, will traverse across the state through the greater St. Louis area, Springfield, Charleston, Champaign, Peoria, and end in Aurora, a suburb of Chicago. For more information, including donating to this tax-duductible cause, visit: BikingforBabies.com.

Categorized Philanthropic Tagged | 0 |
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