Fed expected to leave rates unchanged

WASHINGTON (AP) — The Federal Reserve is expected to leave interest rates at a record low this week, aiming to induce consumers and businesses to borrow and spend and bolster the economic recovery.
The big question is whether Chairman Ben Bernanke and his colleagues will give hints about when they will reverse course and start boosting [...]

Written on December 15, 2009 | Posted in oversold | Leave a comment

Where is the year end sell off?

Many seasoned investors are asking the question, “Where is the year end sell off?” . And to be honest I can’t say. I fully expected the markets to close the year with the DOW around the 9000 level and then struggle throughout 2010 until we get a better read on the economy. With only 17 [...]

Written on December 14, 2009 | Posted in featured, story stock | Leave a comment

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