Economic Report

As America recovers from the most severe financial recession since the Great Depression of the 1930s it’s critical that youstrengthen your finances for the future. Trillions of dollars have been lost since the 2008 financial crisis. Lost wealth the country will take years to get back.
Only investment in the future will will the lost wealth be recovered. Investments in companies that will provide future industries and jobs. Investment in U.S. Treasuries, savings accounts and certificates of deposit accounts.
Whether it’s home ownership, personal savings, or retirement planning, the financial well-being of your future has an impact on your community – and the financial well-being of our communities is critical to the country’s national financial stability.
Low treasury yields is helping the economy recover and job gains have been made recently. The unemployment rate fell to 8.8 percent in March. Treasury yields, interest rates, CD rates, savings rates and mortgage rates are higher and will continue to move higher in 2011.
Higher interest rates is also forcing gold prices to all time highs, almost at $1,500 per ounce for May’s contract prices. At these prices gold is a risker bet but as bank rates go higher gold should head higher as well.

This entry was posted on Friday, April 8th, 2011 at 4:29 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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