The Fed should "explicitly" say it will keep rates near zero until the economy is within a year of reaching Fed goals, a policymaker said.» Read More
Investors queasy over whether there's anything that can be done to boost the flagging US economy could get a trillion-dollar answer this week from the Federal Reserve.
A big risk for markets is the fact that faith in the US government's ability to fight the economic markets is eroding, Steen Jakobsen, Chief Investment Officer at Litmus Capital Partners told CNBC Friday.
“In the late summer of 2008, as Lehman Brothers teetered at the edge, a bell tolled for Wall Street,” so writes Roger Lowenstein in his book, "THE END OF WALL STREET." The bell may have sounded, in 2008, but for those who were really listening, there were warning signs of a financial crisis long before the summer of 2008.
There are many books written about the global economy’s collapse by those who can quote their ‘inside’ sources, but the ultimate ‘insider’ — the man who was actually IN the INSIDE and at the very center of the storm — tells his story in "On the Brink: Inside the Race to Stop the Collapse of the Global Financial System."
If we've learned anything from the past decade, it is that the stock market can be irrational and it can remain so for long periods of time.
With the summer near its close, we took the opportunity on yesterday's show to grade each of the three and gauge their effect on the market.
As the Obama administration hosts a housing conference to address the role of Fannie Mae and Freddie Mac, we should remember that homeownership’s promise was ruined by Wall Street’s recklessness, not by federal policy. To fix the nations’ affordable housing policy, we support bringing the GSEs to their former public-private status, but with some key changes.
The Federal Reserve says banks have eased their lending standards for small businesses for the first time in nearly four years.
When it comes to the advertising market, there's the good news, and then there's the bad news.
When I said I thought equities would cool after the Fed decision, I didn’t think they would drop over 2.5% the next day! This is the problem with August and why I was worried about a return of a “Flash Crash” due to low liquidity. Volumes are smaller and movements more extreme in usually a range. This time of year makes everyone nervous.
While stocks fell off again Wednesday, following the Fed's gloomy view of the recovery on Tuesday, two market watchers on CNBC focused instead on how to 'juice' the economy.
Not since 2003 has the prospect of deflation been taken so seriously at the Fed, and not since the 2008 financial crisis have the markets been looking so closely to it for guidance. The NYT reports.
We continue to believe (and the Fed appears to agree) that a stabilization in housing is key to any self-sustaining economic recovery. Therefore, it should not come as a major surprise that the Fed changed course and decided to maintain the size of its portfolio.
Tuesday’s action by the Federal Reserve was positive, in spite of immediate market downturn on Tuesday, Jason Trennert, chief investment strategist of Strategas, told CNBC Wednesday.
The Federal Reserve’s action is meant to preserve and or promote the movement by investors further out the risk spectrum. The goal is to engender an environment where investors and economic agents take risks they might not otherwise take, with the ultimate goal of reflating financial assets substantially enough to boost demand for goods and services, thus warding off deflation and creating conditions for lasting economic growth.
We've been sitting around record lows on the 30-year fixed for many many months now, and while the refinance market has certainly seen a boost, the home purchase market has not.
Plus, get calls on tech, autos and more.
Despite all the anticipation over today's Federal Reserve meeting, there's little else the central bank can do now to help the economy recover, Pimco's co-CEO Mohamed El-Erian told CNBC.
The blame for the uncertainty that surrounds Tuesday’s meeting of the Federal Open Market Committee should perhaps be placed on Federal Reserve Chairman Ben Bernanke's leadership style, or lack of it.
Take the news of the Fed announcement, should it follow this dovish direction, and not look at it is a positive stimulus to the economy, but as a detrimental decision that will hold negative ramifications and here's why.