faithandsurvival.com » Entries tagged with "economic data"
Only in America do you need to PAY for a 1 month T-bill and Money Market Accounts!!!
Update 6/29/11–A few days ago I posted a chart of the NEGATIVE return of investment from one month t-bills. Guess what is following right behind; MONEY MARKET ACCOUNTS!!! Look at this chart!!!!! To every person out there that has money left to invest this is BAD NEWS. For those that have parked their emergency funds into a money market mutual fund, this is BAD NEWS. That emergency fund very soon may see a pull off of that NAV of … Read entire article »
Filed under: National Blog
It was so unexpected…..
Over the last two weeks I have listened to news reports on the economy that all have a common theme. Unemployment unexpectedly rises to 9.1% Inflation rises unexpectedly to 2.8% GDP for the first quarter is revised down to 2.5% and second quarter forecast is revised downward to 2.0% The foreclosure market has hit alarming high levels of 38% of overall home sales in the month of April Auto sales in the month of April down an unexpected 8.1% due … Read entire article »
Filed under: National Blog
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