Here are the closing statistics for our key indicators (7/20/11): DJ30 – 12,572 down 15 US Treasury 10 Year Bond – 2.93% up 0.04% USDEUR - 1.4228 Gold – $1599 up $10 Oil – $98.09 up $0.69 Oil continues its rise, and the Dollar is definitely falling right now – kind of crazy. The Yen [...]
Here are the closing statistics for our key indicators: DJ30 – 12,076 up 123 US Treasury 10 Year Bond – 3.10% up 0.02% USDEUR - 1.4465 Gold – $1522 up $11 Oil – $99.64 up $2.34 The Whole Debt Story…….. So far when I have talked about the US Federal Government [...]
Thinking the Unthinkable…… Today’s economyguy is devoted to thinking the unthinkable. It’s unthinkable at least as far as I have been taught. Sometime in April the US Government will have spend so much money that it’s debt will be hitting up against the “debt ceiling” created by Congress. Congress created it to have a mechanism [...]
Stocks went up slightly again today, and the stock market appears to be in a sideways trading range. Bond values went up (lower interest rates). The Dollar lost a whole cent again, and this shows the relationship between stocks and the Dollar. Gold also rose on the back of the stock market. Oil and gasoline [...]
Stocks jumped today based on earnings in the financial industry. Bonds continue to hold their lower interest rates. The Dollar and gold moved sideways. Oil and gasoline continue to slowly make new lows – great news for gasoline prices (they’re coming down folks). In the news today….. Budget Deficit – is now officially over $1 [...]
