DailyMarkets.com - Week Ahead: Fed Speeches, ECB Rate Decision

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• Week Ahead: Fed Speeches, ECB Rate Decision
• Energy Stimulus Hits Texas: San Antonio Sees Unprecedented Growth Thanks To Eagle Ford Shale
• Two Quibbles From Today’s Data
• Utilities Continue To Cut Natural Gas Prices As The Shale Revolution Saves Consumers Billions

Week Ahead: Fed Speeches, ECB Rate Decision Posted: 01 Jun 2012 08:00 PM PDT 06/01/12 The upcoming trading week will be chock full of speeches from Federal Reserve officials. A slew of central bank rate decisions will pepper the global … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Energy Stimulus Hits Texas: San Antonio Sees Unprecedented Growth Thanks To Eagle Ford Shale Posted: 01 Jun 2012 07:16 PM PDT Not even a hint of a recession in South San Antonio, where businesses are popping up overnight, like popcorn in a microwave……. “Rarely does a week go by that the Southside Chamber is not involved in a ribbon cutting," said Tom Shaw, president of the Southside San Antonio Chamber of Commerce. New apartments have also been constructed to account for a growing population. “It's just like popcorn starting to hit in the microwave," said Shaw. "Pop, pop, pop; it's hitting all over the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Two Quibbles From Today’s Data Posted: 01 Jun 2012 06:19 PM PDT All day today, I've heard people say that there was no good news in the employment report. That is substantially true, but not totally true. For some time now, labor force drop-outs (shrinkage) have artificially lowered the official unemployment rate. Most pundits recognized that eventually that would reverse and returnees to the labor force would have the opposite effect. That happened in the May report. In the household survey, which contains such statistics, the number of employed people … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Utilities Continue To Cut Natural Gas Prices As The Shale Revolution Saves Consumers Billions Posted: 01 Jun 2012 05:43 PM PDT More evidence of the significant benefits from the Shale Revolution…. 1. “Philadelphia Gas Works announced today the latest decrease in natural gas rates, which have been falling because of low commodity prices. The new rate for residential customers is $1.35 per hundred cubic feet, down 2.5% from $1.40. Rates also decreased for commercial, industrial and municipal customers. In the last year, PGW's residential natural gas rate has fallen 13%. On an annualized basis, a typical PGW … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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