Massive Fed measures cap off a record week for stocks
Stocks had another big day today after the Fed announced it would inject another $2.3 trillion of aid into the economy.
Read MoreThe tug of war isn’t over.
There is clearly a battle going on between the influence of Monetary (Fed) and Fiscal (Gov’t) stimulus vs. economic outlook. Over the past two weeks the Fed is winning over…
Read MoreThat was a game changer – Fed’s bazooka gets bigger
The Fed clearly reacted to some troubling signs in the credit markets, and this action is a big deal because it is protecting against a further credit crisis in just…
Read MoreInitial jobless claims and another Fed program
As expected, it was another week of bad initial jobless claims data in addition to the prior week’s data being worse than initially reported.
Read MoreEverything about this environment is historic
Good morning all, I hope everyone has a happy Passover and Easter this year and don’t forget tomorrow is a bank and market holiday. The incredible and historic volatility in…
Read More