Market Analysis

October 4th, 2011 10:15 AM
Bonds are worse today as are stocks.  In economic news today, August Factory Orders came in down .2% vs expectations for a .1% decline.  In separate news today, Federal Reserve Chairman Bernanke reminded legislators in testimony before a bipartison Congressional panel that fostering healthy growth is a "shared responsibility of all economic policymakers, in close cooperation with the private sector."  With an election year upon us the fact that many people believe Congress and the Administration have hurt the economy will begin to dawn on those in Washington.  What they will or can do about it is not yet clear.

Posted by Matthew Breston on October 4th, 2011 10:15 AMPost a Comment (0)

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