Monthly Archives: September 2011

Senate Avoids Shutdown –

Posted on 28. September 2011 by Jim Sutliff

The U.S. Senate voted 79-16 in support of legislation to finance the government.  The legislation also includes $2.65 billion in disaster assistance.  The measure will finance the government through November 18th.  The House is expected to vote on the legislation on … Continue reading →

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Currency Legislation –

Posted on 27. September 2011 by Jim Sutliff

Democratic Senator Harry Reid has indicated that he will introduce legislation relating to undervalued currencies.  The measure will address the effect that undervalued currencies have on trade.  The Chinese Yuan is one currency that is considered  to be undervalued and acting as a subsidy to … Continue reading →

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Government Shutdown Showdown –

Posted on 25. September 2011 by Jim Sutliff

The Senate voted 59-36 against a House spending bill.  The Republican bill in the House was designed to cut $1 billion in spending to pay for disaster relief.  Senate Democrats are expected to move for a vote on an alternative … Continue reading →

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Florida GOP Debate –

Posted on 23. September 2011 by Jim Sutliff

Republican Presidential  candidates squared off last night in their third debate in less than a month.  Social security and immigration were two of the main issues discussed in the debate.  Most of the action was between frontrunner Rick Perry and … Continue reading →

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Treasury Yields Fall –

Posted on 21. September 2011 by Jim Sutliff

Treasury yields for 30 year bonds fell below 3% for the first time since 2009.  The Federal Reserve announced that it will purchase long term debt and sell shorter term debt in an attempt to spur economic growth.  It is expected … Continue reading →

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Tea Party Debate –

Posted on 16. September 2011 by Jim Sutliff

On Monday, eight Republican Presidential candidates squared off in the CNN/Tea Party Debate.  The Tea Party debate took place in Florida which is expected to be a heated primary race.  Perry maintained his frontunner status with Romney and Bachmann questioning his … Continue reading →

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Senate Increases Debt Ceiling –

Posted on 10. September 2011 by Jim Sutliff

The Senate voted 52-45 to increase the debt limit by $500 billion.  The vote came on Thursday night after the jobs speech by Obama and before the NFL season opener.  Democratic Senator Ben Nelson voted with the Republicans and Republican Senators Corker … Continue reading →

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Reagan Debate: Perry & Romney –

Posted on 8. September 2011 by Jim Sutliff

The debate at the Ronald Reagan Presidential Library took shape as a showdown between Rick Perry and Mitt Romney.  Perry had taken the frontrunner status from Romney and perfomed well in his first Presidential debate.  There will be two more … Continue reading →

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Ten Year Treasury Yields Drop –

Posted on 6. September 2011 by Jim Sutliff

The yield on a ten year Treasury fell to an all-time low in trading on Tuesday.  The European debt crisis and a slow US economy drove investors to the safety of Treasuries.  European stocks fell on Monday and US stocks declined in trading … Continue reading →

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Job Growth Stalls –

Posted on 2. September 2011 by Jim Sutliff

The Labor Department released employment figures for the month of August and job growth remained flat.  The data sent the Dow Jones Industrial Average down almost 200 points in afternoon trading.  Another round of stimulus could be discussed at the next meeting of … Continue reading →

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