Weekly Economic and Market Review
Standard and Poor’s changed the outlook for the US credit rating to negative last week but stocks managed to shrug off the obvious and end the week in positive fashion. S&P doesn’t quite have the credibility it once had after blessing the mortgage dreck of Wall Street with AAA ratings during the housing boom, but .. read more
On April 24th, 2011,
posted in: Economy by Joseph Y. Calhoun Tags: budget deal, commodity markets, gold, oil, quantitative easing, s&p us downgrade, silver, stock market
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Weekly Economic and Market Review
Well, thank goodness the politicians finally managed to find a budget compromise that allows both sides to stockpile talking points for the next election and keep the government operating through the end of the fiscal year. The amount cut from the budget amounts to a rounding error but will either save the US economy from .. read more
On April 10th, 2011,
posted in: Economy by Joseph Y. Calhoun Tags: budget deal, economic data, inventories, ISM non manufacturing survey, retail sales, tax reform
