Author: Bonddad

Today’s Economic News

DIA +1.30%, SPY +1.05%, QQQQ +1.92% 10-Year Treasury -3/8 to yield 4.11% Oil – $1.10 to %59.63/bbl Dollar near unchanged versus euro and yen The markets rallied hard today.  Alcoa announced better-than-expected...

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Roe is Gone. Here’s What the Dems Can Do.

There are several rumors floating around that Reihnquist will announce his retirement soon.  Given that he has cancer, I find this a likely scenario.  Should he choose to stay on, he will still retire within...

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146,000 Jobs in June, Lower than Estimates

“Nonfarm employment increased by 146,000 in June, and the unemployment rate continued to trend down, reaching 5.0 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today.  Over the...

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Today’s Economic News

DIA +.4%, SPY +.3%, QQQQ +.35% 10-Year Treasury +8/32 to 4.04% Oil -55 cents to $60.73 Dollar, off slightly versus yen and euro The markets originally opened down, but slowly rallied throughout the trading day to eventually...

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Rice snubs Asia; Skips ASEAN meeting

“Rice had told Association of Southeast Asian Nations (ASEAN) foreign ministers that she could not make it to the ASEAN Ministerial Meeting in the Laotian capital Vientiane in late July due to a clash of schedules,...

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