https://personal.vanguard.com/us/insights/article/economic-week-review-11042011
Economic Week in Review: Recovery dogged by usual suspects
November 04, 2011
Another weak U.S. jobs report and little clarity over Europe’s debt crisis tipped a mixed week toward the glum side. After European leaders appeared to have an agreement in hand early in the week to shore up Greece, the country’s political situation deteriorated markedly. By Friday, the Group of 20 had adjourned without broad backing to contain the crisis. For the week ended November 4, the S&P 500 Index fell 2.5% to 1,253.23 (for a year-to-date total return of about 1.33%). The yield on the 10-year U.S. Treasury note fell 30 basis points to 2.04% (for a year-to-date decrease of 126 basis points).
Too few jobs to make big dent
(Article does continue. Zim.)
Mad Poet Strikes Again.
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