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The US economy continues to plow persistently ahead despite the strong headwinds of high unemployment and restrictive fiscal (government spending) policy. The economy added 195,000 jobs in June and has added an average of more than 200,000 each month this year. But the improvement in jobs, while steady, is not so robust that the Fed is going to soon reduce its generous stimulus measures of quantitative easing (QE3) or very low interest rates.

Welcome to the Beacon Weekend Reader: A weekly compilation of interesting articles and videos designed to keep you informed and engaged in economics, personal finance and life. We hope you enjoy this week's edition. Please send us your thoughts on this week's articles and suggestions for future posts.

For much of this year a powerfully rising stock market seemed immune to deteriorating economic fundamentals. The most plausible reason was the Fed pumping billions in liquidity into the economy through their quantitative easing program known as QE3. But last week's markets highlighted some flaws in that logic.

How we hate the idea of removing a bandage. It so nicely covers the damage and the pain underneath that we soon prefer the façade to the reality. We especially fear its removal as we know the adhesive will only reluctantly and painfully give up its sticky hold on our very sensitive skin. Knowing the quick yank is best, we often resort to the painfully slow tugging approach.

Welcome back. We've included a few of the articles we've come across this week we thought you might enjoy. Please let us know if there are areas you would like added to our mix.

Thank you for checking in. We've included a few of the articles we've come across this week we thought you might enjoy. Please let us know if there are areas you would like added to our mix.

Thank you for checking in. We've included a few of the articles we've come across this week we thought you might enjoy. Please let us know if there are areas you would like added to our mix.

If there was any doubt that the stock market remained dependent on the Federal Reserve, it was proven twice again. Last week, Chairman Ben Bernanke said the central bank could begin pulling back on stimulus measures, commonly referred to as quantitative easing, if officials see evidence of "sustained" economic growth. Those comments along with a flurry of good economic reports knocked the S&P 500 down by 1.1% as traders worried that the Fed might soon release the market to swim on its own.