Economic Focus – Week in Review

WEEK IN REVIEW

Last week, U.S. long term rates continued to climb, and the U.S. dollar gained against the majors, except for the pound.  The National Federation of Independent Business small business optimism index rebounded from a low point in March.  Retail sales were disappointing in April, but on a bright note jobless claims are very low, slipping by 1k for the week ending May 9!  [Read the Full Week In Review]

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