https://personal.vanguard.com/us/insights/article/economic-week-review-07222011
Economic Week in Review: Mixed news for housing market
July 22, 2011
The scorching heat wave that set record temperatures across much of the nation didn't extend to the economy, which remains tepid at best according to the latest readings. There was a rise in the Conference Board's index of leading economic indicators and a bump in new residential construction. However, existing-home sales dropped for the third straight month as President Barack Obama and congressional leaders continued to negotiate over an increase in the nation's debt limit. For the week ending July 22, the S&P 500 Index rose 2.2% to 1,345 (for a year-to-date total return—including price change plus dividends—of about 8.1%). The yield on the 10-year U.S. Treasury note rose 5 basis points to 2.99% (for a year-to-date decrease of 31 basis points).
Leading indicators advance
(Article does continue.)
Zim.
Mad Poet Strikes Again.
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