By Darrin Stobaugh
Today shows two consecutive days that Treasuries have gained which totals almost have of what they lost since the Federal Reserve commented in their two day meeting last week that they would be purchasing additional debt as part of their continued efforts to spur the economy. The bright side is that the central bank is not going to discontinue buying debt in the near future, so that means cheaper lending in hopes that companies will borrower and grow. For more Treasury-ING news, check out: http://www.bloomberg.com/news/2012-09-18/treasuries-gain-as-u-s-data-underscore-growth-concern.html
Crude oil futures dropped today continuing a fall from yesterday as the commodity brokers await the supply report, which last time showed more in reserves than had been thought, which may be the case again and drop prices of crude oil even lower. On the bright side, we might actually see this at the pump due to Hurricane Isaac dissolving and oil rigs in the Gulf of Mexico re-starting production. This should increase people’s spendable cash to purchase other items to help push the economy. For more over the barrel talk, click: http://www.marketwatch.com/story/oil-stays-weak-as-analysts-debate-prior-day-tumble-2012-09-18
I think it’s a horse!
And I would be wrong, but you can’t tell me someone has not tried to ride this huge thing! Yes, I am speaking of Zeus the Great Dane who is the World’s tallest dog! At just 3 years old, when standing on his hind legs is 7’4” tall. His water bowl is the kitchen sink. And probably requires a snow shovel to take care of his business. He isn’t the only world record holder, to see more, saddle up and click: http://www.huffingtonpost.com/2012/09/13/great-dane-from-michigan-_0_n_1881596.html?utm_hp_ref=weird-news
Today’s rates are not setting any world records as they are trending up just a small tick!
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