Markets Soar, then Plummet as Jittery Investors React to News
For the past several months it seems that investors have been reacting to news, and news alone. This has created a rollercoaster effect in the markets as we watch the major indexes jump one day and take a nosedive the next.
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Preemptive Tightening from THIS Fed? You Can't Be Serious
This week's Federal Reserve meeting was supposed to be a big deal. Ahead of the two-day gathering, I don't know how many stories I read suggesting that the Fed might start laying the groundwork for "preemptive" tightening in one form or another. They wouldn't raise rates. But they would start pulling back on their extreme easy money policies, the argument went.
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Deja Vu! The Fed Jumps Into Action Once Again
After watching non U.S. markets decline sharply on fears of a U.S. recession, the Federal Reserve finally jumped into action in the final weeks of January. In an effort to calm the markets, short-term rates were unexpectedly slashed by 75 basis points before U.S. markets opened on Tuesday, January 22. Eight days later the Fed knocked another 50 basis points off the fed funds rate in their scheduled FOMC meeting, bringing rates down to 3%.
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Philadelphia Stock Exchange Takes the Guesswork Out Of Foreign Exchange
As the value of the U.S. dollar continues to decline, investors are starting to wonder how they can use foreign exchange to take advantage of the weakening dollar. New currency products from the Philadelphia Stock exchange may be just what investors are looking for. (more)
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