Tuesday, July 21, 2009

Economic Update

Headlines (for up to the minute "Headline News" go to the front page of www.ChappelWood.com)

Stocks broke four week losing streak, ended last week up 7%

Warnings of the implications of new healthcare overhaul proposal

Lender CIT Group Inc, continues to be a serious concern, gov says you are on your own

Steven Rattan, Automotive Czar quits just 6 months into new job, must be really tough working for the Government

Economic News

Retail Sales rose .06%

Consumer Price Index rose .07%

Housing starts rose 3.6% in June

The DOW is up for the 6th straight session, 8848

Since the market bottom March 9, the Dow is up 35.2%

1 comment:

D Lee said...

I don’t know WHY Obama wont hire you and I to run the Financial Sector…..I think you, me and a chimpanzee could do better….ok maybe he only needs the Chimpanzee to do better.