Ben S. Bernanke
Good morning. As a rule, I try not to read too terribly much into a “Fed Day” as there is usually a big batch of volatility that may or may not mean much of anything come the dawn of the next day. Maybe, it’s just me. Or maybe there are others that find themselves inclined to simply stand aside and watch the nuttiness from the sidelines on “Fed Days.” But in any event, the volatility after a Fed announcement, while fun to watch, may not be telling as to what to expect in the future.
But if volatility is the name of your game, then yesterday’s “Fed Day” was your kind of day. We got a rally of nearly 150 points out of the gate then a dive after the Fed statement, a quick bounce back up of 90 points to the high of the day, and then a plunge ...
NEWPORT BEACH, Calif., Nov. 5 /PRNewswire/ -- In a conference at the Brookings Institution, Federal Reserve Chairman Ben Bernanke said, "from a technical perspective the recession is very likely over." His statement announced the end of the greatest financial crash since the Great Depression. While the worst may be behind us, the lessons of the Great Recession will be relevant forever. From Bernard Madoff's Ponzi scheme to the collapse of the housing and financial markets, people across the US have been confronted with the consequences of hyper-consumption and greed. "If there's anything we can ...
The U.S. Federal Reserve has stuck to its commitment to keep the borrowing costs near zero for an "extended period."
The central bank expressed that the economic recovery was growing, despite its unanimous vote to keep the interest rates in a range of zero to 0.25 percent.
In a statement announcing the decision the Fed said it "continues ...
Information received since the Federal Open Market Committee met in September suggests that economic activity has continued to pick up. Conditions in financial markets were roughly unchanged, on balance, over the intermeeting period. Activity in the housing sector has increased over recent months. Household spending appears to be expanding but remains constrained by ongoing job losses, sluggish income growth, lower housing wealth, and tight credit. Businesses are still cutting back on fixed investment and staffing, though at a slower pace; they continue to make progress in bringing inventory stocks into better alignment with sales ...
NEW YORK, Oct. 28 /PRNewswire/ -- Global investors and analysts are concerned about taking on more risk due to skepticism over U.S. economic policies and its banking system despite an eight-month rally in the global stock markets, according to the Bloomberg Global Poll, a quarterly survey of economic, financial and political attitudes among BLOOMBERG PROFESSIONAL® service users worldwide. Nearly 75 percent of those surveyed see the world economy improving, up from just over 60 percent in July, while 40 percent of respondents say they are still cautious about taking on risk, and 31 percent see investment opportunities. The majority of investors polled also view the U.S. as the weak link in the world economy, with its markets among the riskiest, and 37 ...
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Bernanke Speech On Financial Regulation and Supervision after the Crisis
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Global Imbalances to Result in Complete Economic Chaos
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Fed Begins Review of Compensation Policies at 28 Large Banks
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U.S. News Media Group and Harvard Kennedy School's Center for Public Leadership Announce America's Best Leaders for 2009
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The Call For The Fed to Raise Rates Begins
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FiLife's New Facebook Contest Asks If The Recession Is Over
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FOMC Minutes September 22-23
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David Moenning's Daily State of the Markets: Subtle, Yet Effective
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Dollars Shows Signs Of Life As Bernanke Said "At Some Point" The Fed Will Tighten
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Dodd says does not see blocks for reconfirmation of Bernanke
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American Pulse(TM): Majority Say Stimulus Package Not Working, Will Feel Better When Unemployment Drops
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U.S. consumer confidence bounces back in October but remains fragile, according to RBC Index
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David Moenning's Daily State of the Markets: Voting With Their Feet
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Inflation Won't Bring U.S. Back to 'Good Times'
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Statement by Chad Stone, Chief Economist, Center on Budget and Policy Priorities, on the September Employment Report
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Stocks Start Q4 With a Thud
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Bernanke On Regulatory reform Before the Committee on Financial Services
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Fed's Kohn At the Cato Institute's Shadow Open Market Committee Meeting
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Most Leaders in D.C. Have Many More Critics than Admirers - Especially Congress
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David Moenning's Daily State of the Markets: Losing Their Appetite?
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Inflation Could Spell End of U.S. Financial System
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David Moenning's Daily State of the Markets: It's Almost Official
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SpeedTax CEO Anton Donde Inducted into Accounting Today's Top 100 Most Influential People in Accounting for 2009
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PROFNET EXPERT ALERTS: Recession / Data Privacy / Consumer Protection
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FOMC Statement for Sept. 23: Sees Rates 'Exceptionally Low' for 'Extended Period'
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ProStockMonitor.com Continues to Watch the Market and Reports on Citigroup Inc, Bank of America Corp, Ford Motor Company, American Airlines Inc.
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David Moenning's Daily State of the Markets: Looking For Those Party Hats
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America's New Workforce: "Personal Outsourcing" Reaching New Heights in the Internet Age
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American Pulse: 4 in 5 Americans Say Recession Not Over, Healthcare Reform More Socialist Than Capitalist
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RETRANSMISSION: PowerPlayStocks.com Watches the Market and Reviews Oracle Corp, Dell, Rio Tinto Group and Sun Microsystems
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Entrepreneurs' Gloom Contradicts Wall Street Optimism
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PowerPlayStocks.com Watches the Market and Reviews Oracle Corp, Dell, Rio Tinto Group and Sun Microsystems
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Intacct CEO Recognized as Industry Leader
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ProStockMonitor.com Continues to Watch the Market and Reports on Citigroup Inc, Bank of America Corp, Ford Motor Company, Microsoft Inc.
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Top 10 News Items: 9/14-9/18: Bernanke Says 'US Recession Probably Over'; Adobe to Buy Ominture; GE Breaks Through $15, $16, $17 This Week
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Massive Inflation Has Already Arrived in the U.S.
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CreditCards.com: Weekly Credit Card Rate Report
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New Highs for Year in Asian Markets After Fed Chairman Comment on End of Recession Topic in China Crescent Enterprises, Inc. Presentation in Dallas Next Week
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Pivotal Bouts of the 21st Century: Tom Busby vs. Ben Bernanke
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David Moenning's Daily State of the Markets: Defying Logic?
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Bernanke Says US Recession Probably Over -Bloomberg
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Independent Investment Advisors Warm Up Their Outlook, Says Schwab Study
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David Wessel, Best-selling Author of In Fed We Trust, to Address The Executives' Club of Chicago
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NIA Officially Declares Gold and Silver Mania is Here
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FOMC Minutes August 11-12, 2009
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Top 10 News Items for 8/24-8/28: Obama Names Bernanke Chairman for Another Term; S&P/CaseShiller Data Surprises to the Upside; AIG Rises More Than 50%
