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Republicans Need to Mind Their Own Business
Wednesday, September 21, 2011 - 10:50am | 893Last night, the key Republicans in both the House of Representatives and the U.S. Senate sent a letter to Federal Reserve Chairman Ben Bernanke speaking out against additional monetary stimulus, and the potential for a third round of quantitative easing, now known as Operation Twist. Here is the...
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Brian Sozzi Discusses Bernanke's Options
Thursday, September 8, 2011 - 12:44pm | 340Brian Sozzi of Wall Street Strategies is out with a research report discussing Federal Reserve Chariman's Ben Bernanke's potential opens for more easing. In his report, Sozzi writes, "The only reason the market has not plunged into an abyss is that investors continue to look forward to a revival...
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Let's Do The Twist, Like We Did In The '60's
Thursday, September 8, 2011 - 10:31am | 1177Last night, in the Wall Street Journal, journalist Jon Hilsenrath essentially told us what we already know. The Federal Reserve is going to act with additional easing. Hilsenrath has long been the preferred mouthpiece of the Bernanke Fed, and to have him write an article like this is not...
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A Peek Into The Market Before The Trading Starts
Thursday, September 8, 2011 - 7:26am | 403Pre-open movers US stock futures are flat this morning, as investors are awaiting speeches from President Barack Obama and Federal Reserve Chairman Ben Bernanke. Futures for the Dow Jones Industrial Average dropped 4 points to 11,411.00 and S&P 500 index futures fell 0.20 points to 1,198.80....
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US Stock Futures Up; All Eyes On Obama, Bernanke
Thursday, September 8, 2011 - 6:23am | 462US stock futures are higher this morning, as investors are awaiting speeches from President Barack Obama and Federal Reserve Chairman Ben Bernanke and a meeting of the European Central Bank. Futures for the Dow Jones Industrial Average surged 28 points to 11,443.00 and S&P 500 index futures...
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Why Tomorrow May Be The Most Important Day For QE3
Thursday, September 1, 2011 - 2:38pm | 917Whether we get a third round of quantitative easing or not remains to be seen, but tomorrow could be the most important day in having a say yes or no. Tomorrow is the August Nonfarm payrolls report, to be released at 8:30 a.m. There is a wide range of consensus estimates for the numbers of jobs...
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Is QE3 Right Around The Corner?
Tuesday, August 30, 2011 - 8:58am | 916So much for no QE3, at least if Charles Evans gets his way. Chicago Federal Reserve President Charles Evans was on CNBC just a few minutes ago, and comments from Evans made it sure seem like an additional round of quantitative easing is on its way. Gold, silver, and bonds are moving higher on the...
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A Peek Into The Market Before The Trading Starts
Friday, August 26, 2011 - 7:33am | 362Pre-open movers US stock futures are flat this morning, as investors are awaiting a speech from Federal Reserve Chairman Ben Bernanke. Futures for the Dow Jones Industrial Average surged 5 points to 11,136.00 and S&P 500 index futures rose 0.10 points to 1,157.60. Nasdaq 100 futures gained 2.25...
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US Stock Futures Slightly Up; All Eyes On Bernanke
Friday, August 26, 2011 - 6:24am | 351US stock futures are slightly higher this morning, as investors are awaiting a speech from Federal Reserve Chairman Ben Bernanke. Futures for the Dow Jones Industrial Average surged 28 points to 11,159.00 and S&P 500 index futures rose 4.10 points to 1,161.60. Nasdaq 100 futures gained 7 points...
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Who's Right? Jeremy Grantham Or Ben Bernanke?
Wednesday, August 10, 2011 - 12:56pm | 702It's a battle of titans, between GMO's Jeremy Grantham and Federal Reserve Chairman Ben Bernanke. Grantham came out with a letter earlier today and said the S&P 500 is not worth more than 950, while Bernanke is telling us for the next two years, cash is going to earn nothing, so put your money...
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The Playbook For QE3
Wednesday, August 10, 2011 - 10:47am | 768Yesterday stocks soared on what the Federal Reserve had to say, as it intends to leave rates alone until at least mid-2013 due to a weak economy. For about 30 minutes, the equity markets jumped, then plunged, then sputtered around, until Goldman Sachs came out and saved the day, at least for a...
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Bernanke to Bring Greed Back To the Markets
Tuesday, August 9, 2011 - 8:35am | 500Forget greed. Fear and survival instincts control Wall Street and world markets at the moment. Markets have gone over a waterfall and have sent investors tumbling down, wiping out gains from the past year. Investors keep waiting for the splash but it hasn't come yet. And it won't come until greed...
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Bernanke to Bring Greed Back To the Markets
Tuesday, August 9, 2011 - 8:34am | 500Forget greed. Fear and survival instincts control Wall Street and world markets at the moment. Markets have gone over a waterfall and have sent investors tumbling down, wiping out gains from the past year. Investors keep waiting for the splash but it hasn't come yet. And it won't come until greed...
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1,700 Ways To Say I Love You
Monday, August 8, 2011 - 1:35pm | 771If you loved gold at $1,600 an ounce, you have to love it at $1,700 an ounce. This morning, gold crossed the $1,700 level and it looks as if there is no stopping the precious metal, after S&P downgraded U.S. debt amongst fiscal problems, and continued problems in Europe. Gold is a run away...
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Morning In America, Again, The Redux
Friday, August 5, 2011 - 9:01am | 699We already had a "Morning in America" column a few months ago, but after today's nonfarm payrolls report, it looks like it is time for another one. The July nonfarm payrolls report just was just released, and it smashed expectations, coming in at 117,000. Economists had expected 84,000 jobs to be...