- Stock Rally May Drive Strong Consumer Spending: Economist
- 5 Ways to Play the Chinese Markets: Analyst
- 3 Stock Plays on Rising College Costs
- My Ratings on Lowe's & Home Depot: Analyst
- Five Stock Picks and a Short-Term S&P Call
- My Market and Fed Outlook Now: BlackRock's Doll
- Dollar is Not Plunging—So 'Calm Down': Market Strategist
- Strategists Say Markets Have More Upside — But How Much?
- 10 Stock Picks for This 'Gradual Recovery'
- Recovery's Real Shape? Not a W: Stock Picker
MOST SHARED
- Stocks Overvalued, Recession Will Return: Meredith Whitney
- Has Twitter's Finest Hours (Seconds) Come and Gone?
- BofA Ex-Counsel: I Was 'Stunned' When I Got Fired
- U.S. May Wind Up Green With Envy
- Time Warner to Spin Off AOL on December 9
- CNBC Video: Warren Buffett & Bill Gates - Keeping American Great
- Solar Emerges From A Dark Period
- Paulson Betting Unemployment Not Getting Much Worse?
- Stocks May Rise Further after Fed Waves on 'Risk Trade'
- Stanford Receiver to Release Funds Of Frozen Acounts
- Answers to Your Questions: A Path to Economic Disaster?
- 5 Ways to Play the Chinese Markets: Analyst
- Meredith Whitney: Turns Bearish
- 3 Stock Plays on Rising College Costs
- Warren Buffett's Berkshire Hathaway Almost Doubles Wal-Mart Holdings During Summer
- Nov. 16: Unusual Volume Leaders
- Getting to the Heart of the Merck-Abbott Embargo Break
- What MGM's Sale Could Say About Value of Content
- My Ratings on Lowe's & Home Depot: Analyst
- US Top Banks Warn Congress on 'Break-Up' Risks
- Fed's Kohn Sees No Asset Bubbles Building in US
- Stocks May Rise Further after Fed Waves on 'Risk Trade'
- Buffett's Berkshire Hathaway Boosts Stake in Wal-Mart
- Microsoft Co-founder Allen Diagnosed with Cancer
- Time Warner to Spin Off AOL on December 9
- Gates Boosts Waste Management, Coca Cola Stakes
- US Cities With Most Underwater Mortgages
- What's Kept Stock Rally Going? Fear, Not Confidence
RSS FEED
CNBC Stock Blog
The Federal Reserve on Wednesday announced that the Fed Funds rate will be left unchanged at zero to one-quarter (0.25) percent; the Fed Discount rate was also left unchanged, at 0.50 percent.
What does today's Fed decision mean? BlackRock's Bob Doll offered CNBC his insights.
"A couple of months ago, we were concerned whether the black hole had a bottom. Now, we've seen it has," Doll said.
"I'll use the phrase, 'less bad news.' The Fed underscored that. And at the same time, it said the fight against deflation continues."
- Read the Full Fed Statement
- Pros Say: Recovery Will Be 'Unbelievably Puny'
- Art Cashin: 'Very, Very Sharp' Move by Friday?
Dolled summed up: "Stocks said there will be a recovery, we just don't know exactly when. That's why all this cash, on the sidelines — some of it is finding its way in" to the equities markets.
Watch the video for insights from Doll, Pimco's Bill Gross and CGM Capital's Ken Heebner.
_____________________________
CNBC's Companies in the News:
Goldman Sachs [GS
Loading...
()
]
Berkshire Hathaway [BRK.A
Loading...
()
]
Bank of America [BAC
Loading...
()
]
Citigroup [C
Loading...
()
]
General Motors [GM
Loading...
()
]
_____________________________








