Bloomberg and John Silvia

John Silvia: The Conference Boards gauge, a measure of the outlook for the next three to six months, increased 0.3 percent after a revised 0.7 percent gain in May, the New York-based group said today. The median forecast of 49 economists surveyed by Bloomberg called for a 0.5 percent advance, according to Business Week. The economy continues to keep going better, and companies continue to do better, John Silvia, chief economist at Wells Fargo Securities LLC in Charlotte, North Carolina, said before the report. Its going to be increasingly positive and The index of U.S. leading indicators rose in June for the fifth straight month, showing the economy continues to gain momentum following a slowdown at the start of 2014. Job gains and improving consumer confidence are helping to bolster demand and drive economic growth. A pickup in the housing industry, which has recently stalled, would help to spur stronger improvement. (news.financializer.com). As reported in the news.