https://personal.vanguard.com/us/insights/article/economic-week-review-02032012
Economic Week in Review: Surprisingly good news on employment
February 03, 2012
The first major employment report for the year suggested that businesses may be willing to hire at greater levels than expected. While the unemployment rate remains historically high and risks abound, there are more signs that the economic recovery is strengthening. Manufacturing activity continues to grow, construction spending is improving, and consumers' expectations for the near term are somewhat positive. For the week ended February 3, 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 +7.1%). The yield on the 10-year U.S. Treasury note rose 4 basis points to 1.97% (for a year-to-date increase of 8 basis points).
(Article does continue. Zim.)
Mad Poet Strikes Again.
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