https://personal.vanguard.com/us/insights/article/economic-week-review-11112011
Economic Week in Review: European drama still center stage
November 11, 2011
It was another trying week for the economy, as Europe's debt crisis and political upheaval reverberated through Italy and fostered more uncertainty at home. The European situation remains fragile—and probably will be for the foreseeable future—though signs of tentative progress in Italy and Greece eased investor concerns by week's end.
Domestic economic reports thus remained understudies to the major players involved in the European turmoil. Import/export numbers were better than expected while consumer spending was a mixed bag.
For the week ended November 11, the S&P 500 Index rose 1% to 1,264 (for a year-to-date total return of about 2.3%). The yield on the 10-year U.S. Treasury note fell 2 basis points to 2.04% (for a year-to-date drop of 126 basis points).
Trade gap narrows
(Article does continue. Zim.)
Mad Poet Strikes Again.
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