Stocks Plummet on Downgrade, as Obama Defends AAA; Market Gurus El-Erian, Rogers Weigh In
While global markets plummeted Monday after Friday’s downgrade of U.S. debt, Obama said U.S. credit was “among the best in the world”; several market experts also gave their opinions.
Fed's Bernanke Floats Possibility of QE3
Despite comments to the contrary made as recently as June 22, the Federal Reserve is ready to ease monetary policy if the economy weakens further, according to comments made Wednesday by Ben Bernanke.
FOMC’s Commitment to QE2 Is a Must for Markets, Analysts Say
Analysts weighed in on the Fed's decision to move ahead with its $600 billion QE2 plan, saying the need for U.S. job creation overrides any other economic concern, including inflation fears.
Congress to Examine Impact of Greek Debt Crisis
Congress to hold hearings on Thursday to explore the impact to U.S. and global markets.
Congress to examine impact of Greece money woes
Congress announced hearings into the potential impact the monetary crisis in Greece will have on markets in the U.S. and abroad. Congressman Paul E. Kanjorski...
Are Currencies the Holy Grail in Diversification?
If you believe that allocation to non-correlative assets to diversify portfolios is the Holy Grail of better risk-adjusted returns, you may find this interesting.