(Huffington Post) — The disconnect between Wall Street and Main Street is growing. Americans’ confidence in the economy faded further in July, according to a monthly survey released Tuesday, amid job worries and skimpy wage growth. That’s at odds with Wall Street’s recent rally fueled by upbeat earnings reports from big businesses such as chemical maker […]
(Smart Money) — To investors who recall the dot-com stock mania of the late 1990s, technology shares might seem a bet on rapid economic growth rather than a defensive holding. After all, spending on computer equipment, unlike spending on pantry staples, tends to rise and fall with changes in consumer confidence and company profits. Nervous […]
(Atlanta Business Chronicle) — Consumer confidence is on the rise in the Peach State this spring, but Georgians are still watching their spending closely, according to a Georgia Southern University study published Monday. The improving but still weak levels of consumer confidence combined with continued caution in spending suggests the economic recovery in Georgia will be […]