Tag: Operation Twist
Are Stocks Heading For A 2008 Style Crash?
Stocks plunged across the board last week. The Dow dropped 6.4%, the S&P 500 shed 6.5%, and Nasdaq gave up 5.3%. It was the worst week for the markets since October 2008. Several negative events sent investors fleeing from stocks for the perceived safety of US Treasuries. First off, it’s looking more and more likely […]
Mortgage Rates Under 3%?
Ben Bernanke and the Federal Open Market Committee (FOMC) are meeting in Washington this week. They’re saddled with the most unenviable of jobs. They’re trying to keep the economy afloat in a storm of negative economic data. The problem is the Fed has already fired most of its ammunition. They’ve lowered short term interest rates […]
