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Monday, November 15, 2010

Fed's Ability To Influence Market Could Be Over

NEW YORK — The Fed Rally is over
.
The Federal Reserve took the first step in a $600 billion plan to boost the economy Friday. The same day, the Standard & Poor's 500 index tumbled to its worst weekly loss in three months. It wasn't just a coincidence.

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2 comments:

  1. AnonymousNovember 15, 2010 at 12:27 PM

    The Federal Reserve Bank is a private for profit organization who has control of our Nation's monetary policy. They can manipulate the stock market, interest rates, and the velocity of currency to their advantage.

    ReplyDelete
  2. AnonymousNovember 15, 2010 at 2:32 PM

    Such broad predictions off one weekly report?

    ReplyDelete

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