
I thought it would be interesting to look back at my last two Memorial weekend weekly summaries. What I find interesting is how similar conditions were back then as compared to today. In 2010 the debt crisis in Greece contributed to the worst May performance of the Dow since 1940. Over the last two years both the European debt crisis and weak economic data in the U.S. have pushed Treasury yields lower. Today, the European debt has become worse, and while there have been some improvements in the U.S. economy, the data continues to show weakness....
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