Here's What To Expect From Today's Fed Funds Rate Projections
In a few moments, the Fed will release its first federal funds rates projections which outline how all (even non-voting) Governing Board members want to change the federal funds rate. From Nomura,...
View ArticleThe Fed's New Interest Rate Projections Are Out!
Markets are rallying and gold is spiking, right after the Federal Reserve released the long-term interest rate projections of its Governing Board members. We're reading through the release right now....
View ArticleAnd Gold Is Back Above $1,700
Gold futures for February delivery settled at $1,700.10, the highest level in six weeks. The price of the yellow metal started rallying from $1,660 at around 12:30 PM, which was when the FOMC...
View ArticleA Map Of Emerging Global Risks From The Past Two Weeks
As talks of a Chinese hardlanding continue to make the rounds, Maplecroft is out with its map of emerging global risks. This week draws attention to the economic risk in China, which needs to drive up...
View ArticleEverything That Happened At Bernanke's Press Conference On FOMC, Policy...
The Federal Reserve made a mountain of headlines today, releasing its interest rate decision, growth expectations, and long-term policy projections. Fed Chairman Ben Bernanke spoke after those data...
View ArticleSTOCKS SURGE AND THE FED SEES LOW INTEREST RATES FOR YEARS: Here's What You...
We got monster earnings from Apple. We also got introduced to the Fed's new communications policy. First, the scoreboard: Dow: 12,758.9, +83.1, +0.7%S&P 500: 1,326.1, +11.4, +0.9%NASDAQ: 2,818.3,...
View ArticleTim Geithner Will Not Stay For A Second Term
Bloomberg is reporting that Secretary of the Treasury Tim Geithner will not remain in his post if the President wins a second term. In an interview with Bloomberg TV, Geithner made the following...
View ArticleNetflix Stock EXPLODES After It Beats Expectations (NFLX)
Netflix earnings are out! It's a beat on the top and bottom line with EPS $0.73 versus $0.55 expected and revenue of $876 million versus $857 million expected. The stock was up 16% after hours in...
View ArticleMOODY'S: 'Central Banks Will Be Asked To Buy Time A Few More Times'
All investors can talk about right now is the long-term refinancing operation conducted by the European Central Bank last month to inject liquidity into the tightening banking system. Despite recent...
View ArticleThe New Meme: 2013 Is When We're Really Screwed
The Mayans supposedly said that 2012 is the year that the earth will explode, but the hot buzz is that the end times (or at least a rough economic slowdown) will come in 2013. At a conference...
View ArticleHere's The Question That Could Lead To Scotland Leaving The UK
"Do you agree that Scotland should be an independent country?" This is the question Scotland's First Minister Alex Salmond intends to ask voters in a referendum on Scottish independence in 2014, the...
View ArticleDavid Cameron Never Wanted To Reach An Agreement On Europe, Or Fix The EU
When people and countries negotiate, they often talk about their interests as though they were the only matters that could elicit agreement. In casting his veto at the European Union’s December summit...
View ArticleThe ECB Is Despairing About How To Deal With The Greek Debt Debacle
A few smooth words from Christine Lagarde, and public sector involvement in the Greek bailout is suddenly a topic of conversation among Europe's political elite. We've argued that this is a positive...
View ArticleStanley Black & Decker Sells More Tools Than Expected (SWK)
NEW BRITIAN, Conn. (AP) — Stanley Black & Decker Inc. said Wednesday that stronger sales, higher prices and a recent acquisition helped boost its fourth-quarter profit nearly 20 percent. The tool...
View ArticleHere Are The Key Market Moving Events For Thursday, January 26, 2012 (TWC,...
A relatively busy week continues on Thursday, as a number of S&P 500 corporates report earnings and data releases hit the street. Already, the Federal Open Markets Committee has announced it sees...
View ArticleThe US Has Already Lost These Eight Industries To China
This post originally appeared at 24/7 Wall St. Americans are used to the U.S. being the leader, or a top-ranked nation, in many areas. But in a number of industries and businesses, the U.S. has lost...
View ArticleHong Kong Stock's Jump In First Trading Day Back From Chinese New Year Holiday
The Hong Kong stock exchange is open for the first time in the Year of the Dragon. The Hang Seng Index is up 1.1% early in the trading session. This rally comes after China officially reported GDP...
View ArticleUBS: If You Exclude Apple, Then This Earnings Season Sucks (SPY, AAPL)
So far, Q4 earnings season has been pretty disappointing. A third of the S&P 500 has announced earning, and more companies have announced earnings that have missed estimates rather than beat...
View ArticleSolar Storms And 13 Other Unusual Risks That Should Have You Freaking Out...
Risk management is a part of our everyday lives. Everyone knows to look both ways before crossing the street. Most also know to diversify their investment portfolios to limit the impact of a stock...
View ArticleIran Just Revalued Its Riyal In An Effort To Crush The Black Currency Markets
Hoping to curb a spike in black market dollar trading, Iran has devalued its currency by 8%, Reuters reports. Black market trading rose after new U.S. sanctions was followed by a plunge in the riyal....
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