All Posts Tagged With: "bernanke"
Bernanke’s Stimulus Support Sends U.S. Stocks Soaring
U.S. markets soared yesterday (Monday) after U.S. Federal Reserve Chairman Ben S. Bernanke endorsed another domestic stimulus package, sending the Dow Jones Industrial Average to its first close above 9,000 in four consecutive trading sessions.
At the close in New York,…
21Oct2008 | Money Morning | 0 comments | ContinuedBear bet that netted £141m throws fresh suspicion on collapse
It seems that Wall St. are trying to blame the straw for breaking the camel’s back. As The Independent report today:
Suspicion over the collapse of Bear Stearns is centring on a massive options trade, less than two weeks before the…
13Aug2008 | The Gold Blog | 0 comments | ContinuedFinancial Correction Center
“Fed keeps short-term interest rate at 2%”, says today’s big financial headline. Stock market investors loved it. They bid up the Dow 331 points. “The correction is over,” they seemed to say.
The Bernanke team knew it would be damned for…
7Aug2008 | Daily Reckoning | 0 comments | ContinuedIf You’re Prospecting for Gold, Tell Them Ben Bernanke Sent You
U.S. Federal Reserve Chairman Ben S. Bernanke is caught between a rock and a hard place right now.
Sure, he would prefer that you focus on “core inflation,” since it excludes sharply rising food and oil prices. But we all have…
18Jul2008 | Money Morning | 0 comments | ContinuedThe Limited Shelf Life of Dollar Fruit
Today, we’ll keep it short and sweet.
The Dow managed only a piddling 32-point rise yesterday; still no recovery from last week’s big losses.
Oil rose another $1.30 - to close over $141. Gold jumped $16; it will now cost you $944…
3Jul2008 | Daily Reckoning | 0 comments | ContinuedBernanke Defends Fed’s Liquidity Measures
The U.S. Federal Reserve will make sure the global financial markets have sufficient liquidity to operate effectively and will increase the size of its government bond auctions if additional capital is needed, central bank Chairman Ben S. Bernanke said today…
13May2008 | Money Morning | 0 comments | Continued
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