Markets Sensitive to Survey Released Today – Market Update
July 2nd, 2011Bernanke’s comments that monetary stimulus is still needed to support economic recovery lead to treasuries and mortgage gains yesterday. So far the market has managed to hold on to those gains. Today the Fed’s Beige Book survey will be released indicating economic conditions across the country. The markets will be particularly sensitive to any information that indicates weakening consumer spending or a lapse in hiring activity.
Tags: Market, Market Update