With long-term U.S. debt being knocked out of the elite triple-A credit club, investors’ top-tier fixed income choices have dwindled yet again.
Goldman Sachs on Wednesday reviewed its position on further monetary stimulus, saying that further quantitative easing had a greater than ever chance of being implemented in the United States.
Mad Money host Jim Cramer describes today's roller coaster action, as the Dow rose 430 points following the Fed's announcement.
Fed leaves rates unchanged, with Dan Greenhaus, BTIG.
Big moves are not being anticipated today and, truth is, the Fed has no big moves left in its deck of cards. The Benjamin might not say anything. But there are some policy steps that could be taken, even though the benefits are modest.
Market expectations for future growth shifting rapidly towards uncertainty over global debt servicing.
Investors woke up Monday to a world in which America is seen as a greater credit risk than anytime in recent history, and they didn't like what they saw. The conversation around why we were downgraded can get as wonky as we want, but let’s not get caught up in the weeds. We are where we are because the problem is simple: Our country spends far more than it takes in—trillions more.
The Swiss franc and yen are flying high as investors bail out of riskier currencies — it's time for your Tuesday FX Fix.
An in-depth look at U.S. debt and the likelihood the country will be able to pay it back using its own resources, with Richard Bove, Rochdale Securities vice president of equity research.
Despite the mass sell-off in the markets, investors shouldn't panic yet, according to Mark Tinker, Global Portfolio Manager, AXA Framlington.
Following huge losses for the Dow on Monday and further selling in Asia overnight, the markets are watching what the Fed and Ben Bernanke will do at their July Meeting today. Speculation is mounting that the Fed will attempt to restore calm but one fund manager thinks that policy action is unnecessary.
As markets braced themselves for another turbulent day Tuesday, one economist warned that the real danger of a double-dip recession is protectionism.
Marc Faber, who predicted just last week that a bear market was on its way back, says the current selloff in equities is overdone and he expects a short-term rebound.
Stocks closed at their lowest levels in ten months, with Mad Money host Jim Cramer.
Discussing what the downgrade of US debt by S&P means for the muni market, with Alexandra Lebenthal, Lebenthal & Co. presdident & CEO.
During a period like this, with stocks plunging almost on a daily basis, it’s clear that fear and shock are ruling the roost. But fear can be overdone. As someone who has been around awhile and has seen many sell-offs, let me offer some advice: Do not panic. Market corrections come and go. They are not the end of the world. Most times they are actually healthy.
Defending the credit agency's decision to downgrade U.S. debt, with Deven Sharma, Standard & Poor's president.
Ben cut interest rates to zero, devised a zillion bowls of "alphabet soup" rescue programs as the Wall Street Journal put it, and bought every bond put out for bid and ballooned the Fed's balance sheet by trillions. Maybe it saved us from disaster, but we haven't seen the growth expected.
S&P is worried about "what you're going to get in terms of the payback is going to worth a lot less, Gundlach said. "But that is not their job."
Even as Standard & Poor's continued to issue ratings downgrades in the wake of its downgrade of the US, rival ratings agency Moody's reaffirmed the country's AAA status.