federal reserve

When Will QE End?

October 6, 2013

The Federal Reserve surprised investors on September 18, 2013 with news that they would continue their monthly bond purchase program. Investors had expected the Fed to start to taper (i.e., reduce the amount of bonds it purchased per month) its bond purchase program known as Quantitative Easing (QE). Since December 2012, the Fed has been […]

 

Feds Act When Lawmakers Don’t

October 9, 2012

With unemployment remaining stubbornly above 8% in the U.S., the Federal Reserve announced a variety of measures in mid-September to help bring it down. They extended their plan to keep rates low through mid-2015, they extended a program known as Operation Twist, where they sell short-term bonds and buy long-term bonds, until the end of […]

 

It’s the (REAL, not the financial) economy, stupid!

September 26, 2012

“Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee is concerned that, without further policy accommodation, economic growth might not be strong enough to generate sustained improvement in labor market conditions. Furthermore, strains in global financial markets continue to pose significant downside risks to the economic outlook… […]

 

Where’s the Confidence?

May 29, 2012

By Kane Cotton   25-May-12 18-May-12 Weekly% Change YTD% Change 12 month %Change S&P 500 Index   1,317.82 1,295.22 1.74% 4.79% -1.00% Dow Jones Industrial Average   12,454.83 12,369.38 0.69% 1.94% 0.11% Nasdaq Composite   2,837.53 2,778.79 2.11% 8.92% 1.45% Wilshire 5000   13,783.51 13,514.18 1.99% 5.14% -2.17% MSCI EAFE (Intl.)   1,354.37 1,356.91 -0.19% […]