Economic Week in Review: Wild swings and ill winds. Week ending October 17, 2008

Posted on October 17, 2008. Filed under: -- Economic Week In Review | Tags: |


By Molly Greaves via Vanguard http://www.vanguard.com

——————————————————————-
Economic Week in Review: Wild swings and ill winds
——————————————————————-

It was another white-knuckle week for investors, with the leading
stock indexes soaring, plummeting, and soaring again in rapid
succession. There were few real surprises in the week’s major
economic reports, however, with most indicators simply confirming
what Americans already know: The economy is weak and seems to be
getting weaker. For the week, the S&P 500 Index rose 4.6% to 940.6
(for a year-to-date total return of –35.2%). The yield of the 10-year
U.S. Treasury note rose 8 basis points to 3.94% (for a year-to-date
decrease of 14 basis points).

To read Vanguard(R) Economic Week in Review in its entirety, go to:
http://www.vanguard.com/visit/econweek101708

Advertisements

Liked it here?
Why not try sites on the blogroll...

%d bloggers like this: