https://personal.vanguard.com/us/insights/article/economic-week-review-09232011
Economic Week in Review: Fed unveils its latest plan to promote growth
September 23, 2011
The economic data released this week were mixed, but long-term persistent troubles were enough for the Federal Open Market Committee (FOMC) to take additional steps in its efforts to boost the economy. On the housing front, existing-home sales increased, while new residential construction fell. The index of leading economic indicators grew, but at a slower pace. For the week ended September 23, the S&P 500 Index fell 6.5% to 1,136 (for a year-to-date total return—including price change plus dividends—of about –8.3%). The yield on the 10-year U.S. Treasury note fell 24 basis points to 1.84% (for a year-to-date decrease of 146 basis points).
Fed takes new measures
(Article does continue. Zim.)
Mad Poet Strikes Again.
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