Signs the Economy is Improving
Recent data indicates that The Housing Market Index, which gauges demand for new homes, has been rising in the last few months.
Housing market index on the rise
Large retailers are posting substantial profits, and retail sectors in Canada and the U.K. are showing clear signs of improvement.
Retail markets are improving
The U.S. Treasury department raised interest rates on bonds, and the yield of these investments should begin to pay out and have a positive the economy Treasury Yield Curve primed to take very soon. effect
Investors worldwide are coming out of panic mode and spreading more money around.
Investor confidence is rising
Stock Markets slowly recovering
China is one America’s largest economic partners, and recent stimulus packages have spurred more production in their steel companies. This means demand for steel will rise, which will benefit the U.S.
Steel demand from China is rising
Oil prices have been rising gradually instead of precipitously, which means a huge, unmanageable spike in the near future is unlikely.
Oil prices are rising slowly
The recent stress tests showed that banks are a little more stable than projections indicated. This means that they won’t likely collapse, precluding potentially devastating ripple effects if things get worse.
Banks did better than expected in stress tests
While none of these signs indicate that we are out of trouble, they are all indicators that the situation has not deteriorated as badly as was expected 6 months ago. Are we out of the woods? Far from it. But these signs provide a reason to be optimistic, or at very least less pessimistic.