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We Can’t Handle Interest Higher Rates
10 hours ago ago from Finance
MacroMaven Stephanie Pomboy reflecting on interest rates a few years backed quipped that the US economy could no longer handle higher interest rates in a way that mirrors what Jack Nicholson shouted to Tom Cruise in A Few Good Men that he couldn't handle the truth. Jack Nicholerson (Col. Jessup): You want answers? Tom Cruise (Kaffee): I think I'm entitled. Jack Nicholson (Col. Jessup): You want answers? Tom Cruise (Kaffee): I ...
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6 hours ago ago from Insurance Bits
Buy-back plan continues with stock market shopping spree If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader. No comments yet. Name (required) E-mail (required) URI Your Comment
Related contentRICHARD RUSSELL EXPECTS THE NEXT DOWNTURN TO BE “VICIOUS”
10 hours ago ago from THE PRAGMATIC CAPITALIST
Despite the incredible 60% rally and chatter of a new secular bull market many investors remain highly skeptical of the equity markets. David Rosenberg recently released his 10 reasons why the rally is over and Meredith Whitney says the market is again at risk of a downturn . But there is perhaps no one more skeptical of the rally as the great Richard Russell, author of the Dow Theory Letters. Russell continues to believe we are in a ...
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21 hours ago ago from THE PRAGMATIC CAPITALIST
Investors pared back risk today on the back of weak industrial production figures out of Germany and disappointing earnings. Investors shrugged off the good news from FedEx and sent the S&P 500 down 1% to settle below 1,100. For now, the market bounce off the 50% retracement level last Friday, is looking like the line in the sand. Daily Futures has the action from all markets: U.S. Economy FedEx said that it will have ...
Related contentFed Says Rates to Remain Low
19 hours ago ago from interbank-fx.net
Bernanke Cites Weak Economy and Unemployment On Tuesday (Dec. 8th) the US dollar fell after Fed Chairman Ben Bernanke said that the US economy is weak and unemployment is expected to continue. He also said that the Fed would leave rates low for an ‘extended’ period dousing market speculation that the Fed would raise rates after last week’s better than expected jobs data. Last week US employers cut 11,000 jobs, far less than the 130,000 that ...
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Bernanke's FAQs: Forget Any Quick Rate Hikes - Up and Down Wall Street Daily - R. Forsyth - Barrons.com
23 hours ago ago from Barron's Online
Bernanke's FAQs: Forget Any Quick Rate Hikes By RANDALL W. FORSYTH MORE ARTICLES BY AUTHOR Fed head says fed funds to stay low for an extended period. Skepticism about jobs numbers justifies no near-term moves. Subscribe Now With these readers: Or copy the rss link: BEN BERNANKE RECENTLY HAS BEEN HAMMERED with ...
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