Lorie Konish previously worked at On Wall Street magazine, where she won a Neal Award for her cover story on advisers working with clients with mental illness. Prior to that, she covered life science venture capital investing at Dow Jones and interned at the Associated Press in Buenos Aires, where she learned to dance the tango. She enjoys running and traveling. She Tweets at: @LorieKonish
New positive data on February's consumer spending helped send stocks up this week. But revised results from January also led JPMorgan Chase and RBS Securities economists to cut their first quarter growth forecasts.
But new data also led two major firms' economists to cut first quarter growth forecasts
Yields on 10-year Treasury notes climbed to the highest levels since September this week as the number of new jobs added in February surpassed expectations. Both developments point to a possible acceleration for the economy in spring.
