June 10, 2009
Today, the indices dropped slightly. Oil added another $1 a barrel, and is
approaching $72 a barrel. Interest rates on Treasury bonds rose to 3.99%.
But as I said last night, higher oil and interest rates would be expected
in anticipation of an economic recovery, and in fact, to me, signal a
8,739.02, and the S&P 500 jettisoned 3.28
to close at 939.15.
mentioned above, Oil hit
a barrel, while gold
was also unchanged at 28.27.