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IBD

Forex News: IBD/TIPP Economic Optimism Index lower than expectations

Posted by Greg Michalowski on Tue, 10/14/2008 - 9:04am in

The IBD/TIPP Economic Optimism indes came in lower at 41.1 versus 44.0 expectation.  This is congruent with the dire conditions in the economy. It may remind the stock market of the continued fragile state and bring about some profit taking.  As a result, seeing the EURUSD move lower. 

Personal Financial Outlook fell to 50.6 from 54.7 last month
Federal Policies fell to 30.9 from 37.1 last month

Forex News: Optimism Index Economic Index rises above expectation

Posted by Greg Michalowski on Tue, 08/12/2008 - 9:02am in

The index came in at 42.8 from 39.0.  This is the highest level since February 2008

Forex News: May IBD/TIPP Optimism Index comes out at 40.3. Better than expected

Posted by Greg Michalowski on Tue, 05/20/2008 - 9:03am in

The expectation was for 37.8.  The level is still at very low levels.  A reading below 50 represents pessimism with regard to the economy.

Forex News: 44.9 for IBD TIPP index. Better than expected

Posted by Greg Michalowski on Tue, 02/12/2008 - 10:01am in

This is still near the bottom of the historical data.