Monthly Archives: October 2011

Consumer Spending Increases –

Posted on 28. October 2011 by Jim Sutliff

According to the Commerce Department, consumer spending rose 0.6% in September.  The increase came after a slight 0.2% gain in August.  Strong fourth quarter numbers would be more indicative of economic growth. To read a related Reuters article, please click here: http://www.reuters.com/article/2011/10/28/us-usa-economy-idUSTRE79O4A620111028 … Continue reading →

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Nevada Moves Caucus –

Posted on 22. October 2011 by Jim Sutliff

The Nevada Republican party moved their caucus to February 4th.  The Nevada GOP had scheduled a January 14th date for the caucus but that would have forced New Hampshire to hold a primary in December.  Nevada will still be the … Continue reading →

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Nevada Debate –

Posted on 20. October 2011 by Jim Sutliff

The Nevada GOP debate was the 8th meeting since May 5th for the Republican candidates.  The candidates tax plans took center stage with the Cain 9-9-9 plan coming under fire.  Texas Governor Rick Perry announced that he will be releasing his tax plan which is … Continue reading →

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S & P Downgrades Spain; Barcelona –

Posted on 18. October 2011 by Jim Sutliff

Standard & Poor’s cut the debt rating for Barcelona to AA- with a negative outlook.  The downgrade was expected after Standard & Poor’s cut the sovereign debt rating for Spain.  Debt for Spain and Barcelona can expect another downgrade if economic conditions do … Continue reading →

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Europe Plan Gains Support –

Posted on 16. October 2011 by Jim Sutliff

Global finance chiefs are showing support for a plan to address the European sovereign debt crisis.  A more complete plan may be presented by the October 23rd summit in Brussels. The plan is expected to include writing down as much as 50% … Continue reading →

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Senate To Vote On Currency Bill –

Posted on 11. October 2011 by Jim Sutliff

The Senate voted 63-35 in support of the currency bill.  The currency bill was supported by Republican and Democratic Senators and is hoped to address the trade imbalance due to undervalued currencies.  Although the Senate supported the measure, the House … Continue reading →

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Iowa GOP Caucus-

Posted on 9. October 2011 by Jim Sutliff

The Iowa Republican caucuses are expected to be moved to January 3rd 2012.  The date of the Iowa GOP caucus was moved after Florida set their primary date at January 31st.   The Nevada caucuses are scheduled for January 14th and the South Carolina … Continue reading →

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Sarah Palin Will Not Run –

Posted on 6. October 2011 by Jim Sutliff

On Wednesday, Sarah Palin anounced that she will not seek the Republican nomination in 2012.  New Jersey Republican Governor Chris Christie also announced this week that he would not run for President.  The Republican field is taking shape and fundraising is … Continue reading →

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Moody’s Downgrades Italian Debt –

Posted on 4. October 2011 by Jim Sutliff

Moody’s downgraded Italian government debt from Aa2 to A2 with a negative outlook.  Moody’s cited the increase in long-term funding risks for Euro nations with high levels of debt.  Also, the weak global economic outlook was part of the rationale for … Continue reading →

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Florida Moves Republican Primary –

Posted on 2. October 2011 by Jim Sutliff

Florida Republicans haved moved the Republican Presidential primary to January 31st.  The move is expected to cost Florida Republicans half of their delegates.  Several other states are considering moving their Republican primaries earlier in the nominating process.  The earlier primary date … Continue reading →

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