Financing our Discontent
By Staff Reporters
As the winter chill continues, the frozen economy and the healthcare industrial complex is awaiting agreement on a federal stimulus package that is expected to help restart growth.
Little Good News
Yet, there was precious little good news to be found in the full slate of economic releases. For example, the unemployment rate rose again as the economy continues to shed jobs broadly and deeply; healthcare and education remains solid, but manufacturing and service sector activity is still weak; and consumer spending is down along with income.
Weekly Round-Up
For the week ended February 6, the S&P 500 Index rose 5.2% to 868.6 (for a year-to-date total return of –3.6%). The yield on the 10-year U.S. Treasury notes rose 18 basis points to 3.05% (for a year-to-date increase of 80 basis points).
Note: The Economic Week in Review is an occasional feature of the Medical Executive-Post.
Conclusion
And so, your thoughts and comments on this Medical Executive-Post are appreciated. If, and when, will the economy improve?
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