What You Need to Know as the Fed Gets Ready to Taper its Stimulus: Advice from Expert Diana Furchtgott-Roth
By: Chris Versace (Diary) | June 18th at 02:12 PM |
Ever since Fed Chairman Ben Bernanke hinted that the U.S. central bank could begin tapering its stimulating efforts, volatility returned to the stock market. There has been much discussion about when and how the Fed will deal with the sugar stimulus-addicted economy. The concern is if the Fed acts too quickly, much like a child on too much sugar, it will crash. This concern has | Read More »
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Recapping Last Week’s Economic Data; Launching PowerTalk
By: Chris Versace (Diary) | December 9th at 06:47 PM |
The first five trading days of December delivered a mixed result for the major stock indices with the Dow Jones Industrial Average being the clear winner (up 1%), the S&P 500 essentially unchanged and the Nasdaq Composite Index down 1.1%. As with the prior week, one of the key drags on the Nasdaq has been Apple, Inc. (AAPL), whose shares dropped nearly 9% last week. | Read More »
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