DailyMarkets.com - QE2 Sends U.S. Interest Rates Up – Instead Of Falling!

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• QE2 Sends U.S. Interest Rates Up – Instead Of Falling!
• UK Stock Market Wrap-Up: UK GDP, Buyouts, Media & Gambling
• Stock Picks To Watch On Monday: Sirius XM Radio, Yahoo, THQ, MIPS Technologies
• A Common Misconception Of Quantitative Easing
• The Week Ahead: Mid-term Elections, FOMC, Nonfarm Payrolls

QE2 Sends U.S. Interest Rates Up – Instead Of Falling! Posted: 30 Oct 2010 02:01 AM PDT So if the latest reporting is to be believed, QE2 is a fait accompli. The Wall Street Journal on Wednesday said the Federal Reserve plans to purchase "a few hundred billion dollars" worth of Treasuries over a period of "several months." The Fed will stick largely with Treasury notes, rather than bills or bonds, with the lion's share of the buying focused on securities with maturities between two and ten years. The Fed's goal? According to the Journal, "to drive up the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

UK Stock Market Wrap-Up: UK GDP, Buyouts, Media & Gambling Posted: 30 Oct 2010 02:01 AM PDT After a six month high last week, the FTSE 100 Index came off 2% this week reflecting a mixed picture. Sterling was boosted by much better-than-expected UK economic growth data – the economy grew 0.8% between July and September, twice as fast as forecasts – and there was a vote of confidence from ratings agency Samp;P in the government’s economic management. However, uncertainty over plans for a further round of quantitative easing and wide-ranging austerity measures also weighed down … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Picks To Watch On Monday: Sirius XM Radio, Yahoo, THQ, MIPS Technologies Posted: 29 Oct 2010 11:25 PM PDT ( click to enlarge ) MIPS Technologies, Inc. (NASDAQ:MIPS)  has made a new 52-week high of $14.96, after gaining 5.83% in Friday’s trading. The 52-week range for MIPS is $3.53-$14.96. Although sentiment remains bullish on MIPS, extremely overbought conditions could see a corrective decline in the coming sessions. Immediate support is at $13.47-13.54 levels now. Looking at the technical chart the stock is trading above all of three major moving averages. Plus, the MACD is positive and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

A Common Misconception Of Quantitative Easing Posted: 29 Oct 2010 10:01 PM PDT A common misconception on Wall Street is that the goal of quantitative easing (QE) is to flood the banking system with additional reserves in the hope it will lower interest rates and spur traditional bank lending. In reality, QE has very little to do with traditional banks, or traditional bank lending. In fact, QE's primary goal is not to lower interest rates. In order to make the best investment and asset allocation decisions possible, investors need to understand the Fed's QE … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Week Ahead: Mid-term Elections, FOMC, Nonfarm Payrolls Posted: 29 Oct 2010 09:00 PM PDT 10/30/10 The stories, data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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