U.S. Treasurys prices rose as investors focused on when the U.S. central bank is likely to pare back this $85-billion-a-month buying program.» Read More
An economist at the St. Louis Fed has conjured up quite a storm of controversy with his claim that quantitative easing could be deflationary.
Chad Morganlander, Stifel Nicolaus portfolio manager, and Dan Greenhaus, BTIG chief global strategist, discuss the outlook for the stock market as talk of the Fed tapering intensifies. Morganlander says he is biased to equities and bearish on bonds.
Funds now have the smallest bullish positioning in gold since June 2007. That could be your sign to buy.
NEW YORK, Dec 9- Wall Street rose modestly at the open on Monday, supported by inflation data from China, but gains were likely to be capped with a number of top Federal Reserve officials speaking throughout the day.
NEW YORK, Dec 9- Wall Street was set for a slightly higher open on Monday, supported by inflation data from China but gains were likely to be capped with a number of top Federal Reserve officials lined up to speak throughout the day.
Russell Goldsmith, City National Bank chairman & CEO, explains how tapering is a sign the U.S. economy is improving, and weighs in on how the Volcker Rule will likely impact banks.
Alison Deans, Varick Asset Management, and Ryan Detrick, Schaeffer's Investment Research, discuss how strong economic data is likely to impact the markets next year.
Tuesday's vote "ushers in an era of Big Brother banking,'' a banking analyst tells USA Today.
LONDON, Dec 9- Gold was steady on Monday as the dollar eased and investors assessed whether last week's better-than-expected U.S. jobs number was robust enough to lead the Federal Reserve to start withdrawing monetary stimulus soon. "Clearly the overall tapering is reflected in the gold price," Credit Suisse analyst Karim Cherif said.
NEW YORK, Dec 9- U.S. stocks were little changed on Monday as investors waited for a number of top Federal Reserve officials to speak throughout the day for hints on the future of the central bank's stimulus plans. *Richmond Fed President Jeffrey Lacker will speak at an economic outlook conference in Charlotte, North Carolina at 12:30 a.m. ET.
Investors won't be bothered by a Fed taper even if it starts this month, JPMorgan's chief U.S. equity strategist, Thomas Lee, tells CNBC.
Mark Okada,Highland Capital, shares his thoughts on why the markets could struggle to post big gains from here and where investors are likely to find valuation. Some of this hot money has got to come out of the system, Okada points out.
Lawrence Bossidy, CNBC contributor, shares his thoughts on why he thinks there are signs the U.S. economy is improving. Overall the situation is pretty optimistic, added Bossidy.
LONDON, Dec 9- Gold was little changed on Monday as the dollar eased and investors assessed whether last week's better-than-expected U.S. jobs number was robust enough to lead the Federal Reserve to start a withdrawal of stimulus soon. "Clearly the overall tapering is reflected in the gold price," Credit Suisse analyst Karim cherif said.
Thomas Lee, JPMorgan chief US equity strategist, says that Friday's strong jobs data raises the odds of an early taper and the Fed could begin trimming its quantitative easing program sometime in January.
Robert Prior-Wandesforde, Director, Asia Economics at Credit Suisse explains why he sees better potential for Indian markets going forward while Indonesia remains vulnerable.
David Kuo, CEO at The Motley Fool, likens the U.S. Federal Reserve's stimulus program to water wings supporting the economy, and states the case for why these should come off.
Upbeat U.S. jobs data spurred gains on Wall Street last week. CNBC's Sri Jegarajah explains what the data means for a Fed taper.
Inconclusive data in the United States has given few clues as to when the Federal Reserve might bring its policy of easy money to an end, while markets are still waiting for the European Central Bank to come to the euro zone's rescue again with more than just another interest rate cut.
CHICAGO, Dec 6- A top Federal Reserve official, who has been one of the most ardent supporters of the U.S. central bank's bond-buying stimulus program, said he was open to curtailing the purchases this month, although he would prefer to wait.