From the category archives:
Now we know that a whopping 32 states are officially bankrupt, and that apparently, the US government has been engaged in shadow bailouts of these states, i.e., “giving them money under the table.”
In addition, all that money that states borrowed from the Federal government in order to continue to pay unemployment benefits? Now they won’t [...]
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The DOW is back above 12,000 for the first time since June 2008 – kind of weird to imagine, isn’t it? Does all feel right again in the world? Back in June 2008 the markets buzzing full of bullish energy. The U.S. housing sector tore it all apart, and the Ben Bernank huffed and puffed [...]
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Bernanke did suggest the possibility of more quantitative easing, i.e., QE3 (let’s not lose count) last night on 60 Minutes. He also said that in 10, 15 or 20 years’ time, “there won’t be any money left for the military or for any other services the government provides” (referring to the U.S., of course).
Lots of [...]
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Apparently the late-Friday surge in stock markets might have been due to the possibility that “the Ben Bernanke” will intimate the possibility of higher levels of QE2 than initially indicated. More than $600 billion in Treasury purchases by June 2011, in other words.
Reuters caught sight of a report on the CBS website indicating that Bernanke [...]
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Two of the largest days for global stock markets are coming up: November 2nd and 3rd. By doing some planning in advance you can position yourself to take advantage of it. Here’s what you should know for trading hours on Monday, November 1.
Three trading tips for the November elections and the announcement of quantitative easing [...]
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Trading volumes have been historically low and stock markets in a trading range for quite some time now, even taking the brief September rally into consideration (buoyed by the Aug. 27 Jackson Hole speech comments by Bernanke with a view to the necessity for more quantitative easing in the near future).
Any given hour of the [...]
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