Saturday, November 6, 2010

DailyMarkets.com - Beware The Fed Tide

DailyMarkets.com - Beware The Fed Tide


Beware The Fed Tide

Posted: 06 Nov 2010 05:01 PM PDT

This week, desperation became palpable at the Fed. In both the formulaic statement that accompanied its FOMC policy decision and Chairman Ben Bernanke’s unusual (and clumsy) Washington Post op-ed follow up, the guardians of our currency expressed grave disappointment at the slow pace of US economic recovery and emphasized the continued threat of deflation. The Fed is now pledging to defeat this recession using any monetary means necessary. Unfortunately, their embrace threatens to … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Sentiment Update: Significant Jump In Bearish Sentiment

Posted: 06 Nov 2010 04:46 PM PDT

By Seeking Delta of http://seekingdelta.wordpress.com/
The NAAIM (active money managers) sentiment survey was not released this week so we only examine the AAII (individual investors) survey in this post.
AAII Individual investors' outlook for the next six months decreased slightly from last week. Sentiment dropped from 51% last week to 48% this week. Bearish sentiment jumped to 29.8% from 21.6% last week.  The eight-week, bullish sentiment moving average again increased, this … [visit site to read more] or compare Best Credit Cards and Best CD Rates


UK Stock Market Surges As QE2 Sets Sail

Posted: 06 Nov 2010 02:01 PM PDT

The stock markets closed the week close to their highest levels in more than two years encouraging both the Daily Telegraph and the Mail to publish front page headlines on Friday declaring ‘Share Prices Up’.  The FTSE 100 jumped more than 100 points on Thursday to hit a near 29-month high of 5859 before retrenching slightly on Friday to be up almost 3.5% for the week. The main driver was the Federal Reserve’s fresh stimulus on Wednesday – dubbed ‘QE2′ – committing to buy $600 billion in … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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