Happy Mother's Day to the most important people of the world. At the end is some information about Mother's Day around the world for your enjoument. An example of the importance of being a mother can be seen when an athlete is on camera he or she says hi mom, seldom if every hi dad. First is the usual information from Vanguard.
Vanguard
Consumers borrowed much more than expected in March, as both student and car loans shot up and credit card borrowing rose after declining in January and February. Analysts are unsure whether this news signals a real pickup in demand or just a need to lean more on credit, as job and income growth remain weak. For the week ended May 11, the S&P 500 Index declined 1.1% to 1,353 (for a year-to-date total return—including price change plus dividends—of about 8.4%). The yield on the 10-year U.S. Treasury note fell 7 basis points to 1.84% (for a year-to-date decrease of 5 basis points).
Drifting
The best way to describe stock, bond, and commodity markets is drifting like a boat going up and down with the current without power either forward or backward. The economic data shows both positives and negatives with the effect of things going up and down without much energy. With a growing economy the 10 year U.S. Treasury interest rates should be going up rather than down.
The bottom line is expect things to continue to drift. Please do not caught up in the day to day noise.
Mother's Day International history and traditions - Wikipedia
In most countries, Mother's Day is a recent observance derived from the holiday as it has evolved in the United States. When it was adopted by other countries and cultures, it was given different meanings, associated to different events (religious, historical or legendary), and celebrated on a different date or dates.
Some countries already had existing celebrations honoring motherhood, and their celebrations have adopted several external characteristics from the American holiday, like giving carnations and other presents to your own mother.
The extent of the celebrations varies greatly. In some countries, it is potentially offensive to one's mother not to mark Mother's Day. In others, it is a little-known festival celebrated mainly by immigrants, or covered by the media as a taste of foreign culture.[citation needed]
In the Roman Catholic Church, the holiday is strongly associated with reverencing the Virgin Mary. In many Catholic homes, families have a special shrine devoted to the Blessed Virgin Mary. In many Eastern Catholic and Eastern Orthodox Churches, a special prayer service is held in honor of the Theotokos Virgin Mary.
In Hindu tradition it is called "Mata Tirtha Aunshi" or "Mother Pilgrimage fortnight", and it is celebrated in countries with Hindu population, especially in Nepal. It is celebrated on the new moon day in the month of Baisakh, i.e., April/May. This holiday is based in Hindu religion and it pre-dates the creation of the Western-inspired holiday by at least a few centuries.[citation needed]
Sunday, May 13, 2012
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