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VIDEOWhy This Is the Summer of Stimulus
By
Josh Lipton Jul 29, 2010 11:30 am
Why government isn't the only act hitting the road this summer to talk economics.
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In response, President Obama and other government officials have been circling the country in what’s been described as a “perpetual tour” to boost the stimulus. More than 172 trips have been announced in support of what government officials have taken to calling “Recovery Summer.”
Since June 21, the official start of summer, the SPDR S&P 500 ETF (SPY) -- which includes holdings like Exxon (XOM), Apple (AAPL), Microsoft (MSFT), General Electric (GE), and IBM (IBM) -- is down 0.3%.
So, will the government’s summer tour change people’s minds about the effectiveness of the stimulus? Click below to find out.
No positions in stocks mentioned.
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