Feb 21, 2010

Daily Markets - Financial News And Opinions

Daily Markets - Financial News And Opinions

Flavor Of The Month: The Double Dip

Posted: 21 Feb 2010 10:00 AM PST

Bernanke's been scrambling to bring the current record-low interest rates to levels that are more sustainable. Last week he took a first small step, and the Federal Reserve raised the discount rate by 25 points. It's the first tiny tug before the whole Band-Aid gets ripped off… which is going to hurt a whole lot more.
The problem is that the Band-Aid was applied to an economy suffering from an illness better resembling Ebola than a paper cut. The cure, if you can call it that, … [visit site to read more]

Video: NYSE Closing Bell Market Monitor

Posted: 21 Feb 2010 09:02 AM PST

The latest in news, commentary, and information on what’s moving the US equities markets. … [visit site to read more]

Video: The Week Ahead

Posted: 21 Feb 2010 09:01 AM PST

The stories, data, and stocks that may have the greatest impact during the next trading session. … [visit site to read more]

It’s Time To Enact Health Care With 51 Senate Votes

Posted: 21 Feb 2010 08:39 AM PST

This week the President is hosting a bipartisan gab-fest at the White House to try to tease out some Republican votes for health care. It's a total waste of time. If Obama thinks he's going to get a single Republican vote at this stage of the game, he's fooling himself (or the American people). Many months ago, you may recall, the White House and Dem leaders in the Senate threatened to pass health care with 51 votes – using a process called "reconciliation" that allows tax and … [visit site to read more]
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