Ouch: 10-year bond -- drops below the "talked about floor" -- 2.3%. Currently 2.287%.
Market: third consecutive day of record-setting highs?
Finally: all that anxiety over Amazon being played down a bit. Some talking heads remind viewers of all the concern about Walmart years ago. From yesterday, an example of one analyst who seems to be a bit concerned about Amazon's affect on the overall economy. If sounds like he may need to get back on his meds. If the link is broken google - 'Amazonification' of Main St. is killing wages, causing Japan-like deflation, strategist says.
June industrial production: Rick Santelli is thrilled. Up 0.4% vs 0.3% forecast. Market reaction: looks like something moved the market futures (Dow) from positive to negative. I doubt it was the June industrial production data. Regardless, in early trading, Dow turned positive.
Top states for business, by CNBC criteria, in which educated workforce is a key factor.
- Washington state, #1
- Georgia, #2
- Minnesota, #3
- Texas, #4
- North Dakota, #19; ranked #4 for both quality of life and "business-friendly environment"
- New York, #38
- Connecticut, #33
- New Jersey, #32
- Illinois, #31