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By: Zimbler0 in POPE | Recommend this post (1)
Mon, 02 Apr 12 4:44 AM | 51 view(s)
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https://personal.vanguard.com/us/insights/article/economic-week-review-03302012

Economic Week in Review: Signs of recovery sustainable?
March 30, 2012

In a television interview earlier this week, Federal Reserve Chairman Ben Bernanke said that the economy has made strides over the past few months, but that housing and unemployment remain a threat to a full recovery. Economic indicators this week were a mixed bag. The U.S. economy expanded in the fourth quarter. Consumer confidence fell slightly. Consumers are spending more, and businesses are investing—but at a slower pace. For the week ended March 30, the S&P 500 Index rose 0.8% to 1,408 (for a year-to-date total return—including price change plus dividends—of about 12.6%). The yield on the 10-year U.S. Treasury note fell 2 basis points to 2.23% (for a year-to-date increase of 34 basis points).

Consumer confidence down slightly

(Article does continue. Zim.)




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