July 2011 Financial Asset Roundup
|Asset||Jun 2011||Jul 2011||Change|
The S&P 500 has recovered somewhat since the last update, up 2.37% during that time:
(chart courtesy of msn.com)
The unemployment rate for June rose for the third month in a row as it climbed to 9.2%. Rising unemployment, a struggling housing market, and the global sovereign debt crisis du jour don't bode well for the current "economic recovery". Oil prices have declined somewhat, falling from about $101 per barrel to around $94 per barrel despite the US and other countries releasing 60 million barrels of oil from strategic reserves.
On the financial front, my next domino to fall will be finally funding my 2010 SEP IRA contribution sometime in the next couple of weeks. I look forward to getting that milestone behind me.
Aside from that, it's hot and humid out there today and I need to find a cool and refreshing swimming pool with my name on it. :)