Monthly Archives: June 2014

Economists and the media spent most of the day making excuses (e.g. weather) for the final revision to Q1 GDP as “old news”. In fact, some investment banks have already increased their Q2 forecast for GDP because, well, the first … Continue reading →

The S&P 500 Index climbed 15 points, or 0.77%, to close at a record high of 1956.98. The 10-year Treasury Note yield fell 42 basis points to settle at 2.61%. The VIX dropped 12.02% to close at 10.61; a level … Continue reading →