Sequestration

by | Feb 27, 2013 | Blog, Finance & Economics

Posted February 27, 2013 21:02 In two days, the so-called ‘Sequestration’ will hit. The effects of sequestration could amount to a decrease of 0.5% off of our GDP. But more importantly, could cost many people their jobs. Investors all around the globe are wondering...

QE3

by | Sep 17, 2012 | Blog, Finance & Economics

Posted September 17, 2012 9:45 Well, the market finally got what it wanted, QE3. The market was definitely excited as the market rallied 200 points on Thursday and then another 50 points on Friday as traders felt that they got what they had been hoping for. Not only...

Jackson Hole

by | Aug 31, 2012 | Blog, Finance & Economics

Posted August 31, 2012 19:20 This morning Mr. Ben Bernanke spoke about monetary policy. Even though he didn’t say that the Fed was going to announce ‘QE3’ during its September meeting, Mr. Bernanke, Chairman of the Federal Reserve, did give a clear enough signal (at...

What a Week!

by | Jun 24, 2012 | Blog, Finance & Economics

Posted June 24, 2012 10:20 Sunday night, the markets got some relief as the New Democracy Party won in Greece’s election. Because of this, the market was able to rally during the Monday trading session. Despite being dealt some positive news, traders were eying the...

Oversold Bounce?

by | Jun 10, 2012 | Blog, Finance & Economics

Posted June 10, 2012 18:11 This past week, the market had a huge rally. It all started on Sunday night when the futures were down almost 100 points. But then came Monday morning and the futures were null. This was the first sign that the market was turning around. The...