Marketplace Index for Tuesday, January 31, 2012

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Episode Description 
Pessimism about jobs + higher gas prices + decreasing home values = lower confidence. None of this fits well with the tapestry experts have been trying to weave that things are "slowly" on the upswing. Chairman of the Jerome Levy Forecasting Center, Daniel Levy, says he's extremely bullish on the U.S economy long-term, but for 2012 he's a bear, watching for signs of the U.S. possibly slipping back into recession. And the Daily Pulse is up today on news that debt collectors have been getting some unnerving calls lately, too. Theirs are coming from the FTA who is chasing illegal collection practices.
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FTC punishes debt collector

After a landslide of complaints, the FTC cracks down on “past-statue” practices.
Posted In: debt collection, FTC
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Confidence in the economy ebbs

Today saw drops in both home prices and consumer confidence. Could the recovery experts have been tracking be stalled?
Posted In: case shiller, home prices, consumer confidence

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