http://www.vanguard.com/us/insights/article/economic-week-review-06152012
Economic Week in Review: A chilly start to summer
June 15, 2012
This week's reports brought an economic chill to the start of summer. Consumers are benefiting from lower gas prices, but remain cautious about spending their newfound savings. High unemployment continues to be a concern and some manufacturers have cut production amid uncertainties in Europe and the potential for sluggish demand. For the week ended June 15, the S&P 500 Index rose 1.3% to about 1,343 (for a year-to-date total return—including price change plus dividends—of about 7.9%). The yield on the 10-year U.S. Treasury note declined 6 basis points to 1.59% (for a year-to-date decline of 30 basis points).
Producer prices decline
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Mad Poet Strikes Again.
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