Traders face plenty of economic news this week, and considering how much the market has risen, it could be time for a bit of a pullback. But at least one trader thinks that’s just what’s needed to create a base for further gain…
The markets ended the week on a high note with encouraging economic news, a surprise jump in consumer sentiment and a drop in the trade deficit, among other things. Is the Fed’s latest round of stimulus working?
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The Bank of England said Thursday that it decided to keep its emergency stimulus program unchanged and the central bank’s key lending rate at its record low of 0.5%.
Continue reading Bank of England Keeps Rates…
Nouriel Roubini, the NYU economics professor who has earned the nickname “Dr. Doom” for his predictions, says he’s concerned the tax cut compromise struck by President Obama and GOP leaders could expose the U.S. to bond vigila…
The Federal Reserve’s November decision to buy $600 billion in bonds will marginally speed up the U.S. economic recovery but will also accelerate the pace of inflation, according to the UCLA Anderson Forecast.
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