Thursday, April 25, 2013

Economic Journal - Thursday, 4/25/2013

(As of 7:20 am PST)
 
All smiles today as economic data and company earnings provide an early dose of optimism to markets. Jobless claims fell at a good rate this morning indicating that the economic recovery continues on track.  Gold is up big and has recovered half of its losses from the big swoon from last week. Oil is up marginally.  Mortgage interest rates are at record lows once again.  The risk appetite for investors is large this morning.  It looks like smooth sailing today.

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