Author: Biz India

By Tom Essaye Wednesday, September 19, 2012 By now you’re probably aware of the Federal Reserve Bank’s surprising and aggressive announcement last Thursday: Unlimited accommodation until the jobs market improves. This was clearly bullish for stocks, as a big rally occurred after the announcement. Additionally, the U.S. dollar index was predictably weak, falling to yet another new low. The U.S. dollar is trending lower because the Fed is aggressively easing monetary policy and will continue to do so. But this brings up an interesting and potentially dangerous problem for the global economy … As surprising as it may be,...

  By Mike Larson – Money and Markets Fed chief Ben Bernanke has just proven what many have suspected all along is indeed true: The U.S. Federal Reserve is patently INSANE! In reporting on the FOMC meetings, “Helicopter Ben” announced that the Fed is going to do the same old thing and expect better results: It’s going to hold interest rates near zero as far as the eye can see … And it’s going to print $40 billion new dollars per month in an attempt to stimulate the economy — $480 billion per year! In short, it’s doing the...