https://personal.vanguard.com/us/insights/article/economic-week-review-05202011
Economic Week in Review: No alarms or applause as recovery proceeds
May 20, 2011
While recent reports provided reasons to pause and ponder the condition of the U.S. economy, the gradual recovery doesn't seem to be in danger. Somewhat negative news came from the index of leading economic indicators, existing-home sales, and new residential construction. While economists expected better from all three, there were explanations rather than alarms. The Federal Reserve Board's release of meeting minutes indicated that care must be taken when it eventually weans the economy off its support. For the week ended May 20, the S&P 500 Index fell 0.3% to 1,333 (for a year-to-date total return—including price change plus dividends—of about 6.8%). The yield of the 10-year U.S. Treasury note fell 3 basis points to 3.15% (for a year-to-date decrease of 15 basis points).
Major decisions await Fed officials
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Zim.
Mad Poet Strikes Again.
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