https://personal.vanguard.com/us/insights/article/economic-week-review-12232011
Economic Week in Review: Nice edges naughty on improved growth and housing results
December 23, 2011
As holiday shoppers grabbed last-minute gifts and Europe's leaders continued to search for solutions to their debt crisis, the latest economic reports offered more positive news than negative. Third-quarter GDP's lower-than-expected growth rate was still the best for the year, and leading economic indicators rose for the seventh straight month, while the battered housing market reported progress on a number of fronts. For the week ended December 23, the S&P 500 Index rose 3.7% to 1,265 (for a year-to-date total return—including price change plus dividends—of about 2.7%). The yield on the 10-year U.S. Treasury note rose 17 basis points to 2.03% (for a year-to-date drop of 127 basis points).
Third-quarter GDP is revised downward
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Mad Poet Strikes Again.
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