ECB Lowers Rates To New Low, China Drops Rates, Bank Of England Announces More Bond Buying: Global easing may not be over -it may just be the beginning. The European Central Bank cut rates to a new record low today in attempts to stem the debt crisis that has been dogging the region for several…
Fed Extends “Operation Twist” Until The End Of 2012, Lowers Economic Outlook: FOMC June 2012 meeting goes largely as expected. In attempts to put downward pressure on longer term interest rates, the Federal Reserve Bank announced today that they were extending “Operation Twist” based on Europe weakness, tight credit and slow growth in the labor…
U.S. Equities Shrug Off Greek Elections And Trade In Thin Range Ahead Of June 2012 FOMC Meeting: Stocks traded in a narrow range of roughly 90+- points for the Dow Jones Industrial Average as investors waited for the Fed to signal whether more easing would occur. The June 2012 FOMC meeting starts tomorrow and investors…
May 2012 Unemployment Increase Negatively Effects President Obama’s Reelection Chances: Is President Obama pressuring the Fed to act now? The last few unemployment reports are having an impact on the November elections 2012 and are negatively related to President Obama’s chances of winning. Friday’s weak employment report is more negative news for the Obama administration…
Operation Twist Unravels Markets- Dow Jones Dips Below 11,000: Asian and European markets fall but…does the Fed see something we don’t? Stocks reacted negatively in the last hour of trading to news from the Fed that they would not change interest rates and would implement a new tool called ‘Operation Twist’. The name isn’t a…
