The government sold off about $101 billion in treasury notes of the 2, 5, and 7 year variety this week. Hey, you got to pay for this stimulus somehow. Apparently they got bought up with no problem and so the massive deficits are also no problem, simple as that. Who could have imagined. Your debts are a different matter, as you probably don't have a triple A rating you ingrate.
Couple that splurge in USDA approved prime government debt choice cuts with oil now at $65 per barrel and bam, you are now wealthier. So be happy. Just one second, isn't the price of oil all of a sudden starting to climb - rather fast!
10% of the country, recently laid off in the recession will have no problem buying a hybrid or two.
Hopes that the economy may be stabilizing helped stocks recover from 12-year lows of early March, but since early this month the market's rebound has been a bit bumpier. sourceReuters: Nikkei edges up as output data beats expectations
...better than expected industrial production data provided a fresh hint that the Japanese economy may have been through its worst phase.
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