The Chairman of the Federal Reserve, Ben Bernanke, in yesterday’s press conference gave investors no sign that interest rate raises were coming sooner than expected. With lowered expectations for GDP and slower employment growth than expected, the Fed will continue to keep interest rates low. The reaction was simple for investors. With almost ZERO... Read more
Posts Tagged ‘Americans’
USD Hits 3 Yr. Low On Bernanke’s Speech – Markets Rally!
April 28 | Posted by Kevin Monaghan | Top Story Tags: Americans, Ben Bernanke, Commodities, EUR, Euro, Falling Dollar, Fed, GLD, Gold, Inflation, Interest Rates, Silver, SLV, US Dollar, USD
Rising Wealth, Shifting Wealth, The Threat Of Interest Rates
January 19 | Posted by Mario Cavolo | Inside Asia, Top Story Tags: Americans, China, Heidrick & Struggles, Inflation, Insider Trading, Interest Rates, Kevin Kelly, Retail Sales, U.S., United States, USD, Wall StreetIs the U.S. including its individual states and cities really in such bad economic shape? No. Has there been a reduction of wealth, or a “shift” of wealth? A shift. If things are so bad, who are they bad for? 100 million lower and middle class Americans. Who are they good for? Who... Read more
