Good Sunday morning and welcome to Weekend Reading. As always, here are some articles and papers worth reading. First, however, a look back at the week that just finished, and a look forward to the week ahead.
It was another upbeat week on the major markets, with the Dow and the S&P 500 gaining 1.1% and 1.2%, respectively, while the Nasdaq Composite gained 0.8%. Bears can't quite believe it, but we are ending the year on a remarkable upswing, with most investors seemingly believing in the Goldilocks hypothesis, where the Fed has engineered a benign slowdown and we are set for further growth. Click here for the weekly performance.
Next week is a busy one on the economic front, with Federal Reserve Bank of Dallas President Richard Fisher scheduled to give a talk Tuesday titled "A Year-End Wrapup of the Economy." On Thursday, his counterpart at the Federal Reserve Bank of Richmond, Jeffrey Lacker, will speak. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
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