WLI and Revival
Here's what you need to watch for Friday December 31 New Year's as we approach the final trading day of port 2010. Take a look at this chart comparing total returns for the S&P 500 treasuries. And that dollar index here to date. Yes and 15%. Treasury's next attorney and a half percent to investors and the dollar index managed to squeak out -- 2% return. US financial markets will be open on Friday the last -- of the year. The stock market is -- the entire day because of a rule that says the NYSE may not be closed on the last day of the year if it falls on Friday. The bond market also will remain open -- trading closes early at 2 PM Easter.
Other major economic data release is scheduled for Friday the Economic Cycle Research Institute does release its Weekly leading economic indicators index. But especially it's editor Dan Burns has been tracking indexes sharp rise since late summer and he joins me with more again. -- -- Factors in leading indexes evolved as emerged as one of the kind of stealth great stealth indicators for what we can expect in the economy in 2011. It hit a big trough in August it -- -- with annualized growth rate of negative 10% right around the time everybody was talking about double dip that you'll remember that we get tons of programming around that. And then things began improving rather dramatically and that's reflected and that's you can see those yellow bands on that -- show when there -- recessions. When you have a trajectory like this coming out of a -- you don't see any does yellow bands following. And a lot of people are putting a lot of stock in the index is indicating that you know 2011 economic growth probably will surprise to the upside. And thanks. Look at all events -- monitoring here for you check out the ruling Thursday and you can access it through it's not -- company's. I type the word today that -- slashing US -- -- -- browsing Reuters 3000 extra. Reuters trader in North America desktop I'm Rhonda schaffler this is writers inside.
ECRI Index Points to Revival (2:08)