Jan 23, 2011

Weekly update from Vanguard

According to Vanguard weekly report a lot of variables - from retail sales to industrial production—pointed to strengthening economic growth this week as consumer and producer prices continued an upward move. For the week ended January 14, the S&P 500 Index rose 1.7% to 1,293.24. The yield of the 10-year U.S. Treasury note increased 1 basis point to 3.35%.

Add to this the fact that the president is promoting exports to lift the economy and create jobs; this is going to help a lot. 

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