http://www.vanguard.com/us/insights/article/economic-week-review-07132012
Economic Week in Review: Fed's next move not an open-and-shut case
July 13, 2012
Members of the Federal Open Market Committee agreed that the economy continues to show few signs of improving, though minutes of their June meeting revealed mixed opinions on remedies the Fed could use. Yet the trade deficit dropped and consumer credit soared, again demonstrating the mixed news that policymakers must consider when deciding how to deal with weak economic growth. For the week ended July 13, the S&P 500 Index rose 0.2% to 1,357 (for a year-to-date total return—including price change plus dividends—of about 9.1%). The yield on the 10-year U.S. Treasury note fell 5 basis points to 1.52% (for a year-to-date decline of 37 basis points).
Producer prices about flat
(Article does continue. Zim.)
Mad Poet Strikes Again.
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