Any Federal Reserve chairman in the postwar period, or at least one of the best about 2 average inflation. So we have worked on both sides of the mandate, and were trying to achieve a stronger economy for everybody. Reporter and for now, at least, markets believe bernanke can keep his inflationfighting streak alive. That is something that is worth pointing out to the critics that say the fed is creating all sorts of inflation pressures. For the moment, there is no evidence of that. He was in very firm territory in making that point. Reporter bernanke was firm in making another point. He called on congress and the president to replace the immediate sequester spending cuts with a more gradual reduction in the deficit. But it doesnt appear anyone in washington is ready to take his advice. Darren gersh, nbr, washington. Tom michael farr is the president of Wealth Management firm farr, miller and washington. He joins us from washington, d. C. Tom lots going on in that building behind you, m
If the majority of deals are cash, as many have been in 2013, it suggests the m a cycle is just getting started. Its later in the cycle when a lot of m a activity takes place where its purchased for stock. Then companies are basically saying, we think our stock is overvalued, lets use it while we can to buy the competition. Reporter there may be a lot more corporate marriages in the months ahead, but stovall says the stock market still needs to digest its recent gains. I think that we could end up seeing a relatively mild correction in prices, something on the order of 5 or maybe more. But then were going to see a lot of investors say, its time to jump back in because i missed most of this move. Reporter stovall also says any stock Market Correction needs a trigger. What that may be, however, is anyones guess. Suzanne pratt, n. B. R. , new york. Tom dell is among those Companies Involved in the deal making this year. Its founder and a group of investors wants to take dell private. In t
If the majority of deals are cash, as many have been in 2013, it suggests the m a cycle is just getting started. Its later in the cycle when a lot of m a activity takes place where its purchased for stock. Then companies are basically saying, we think our stock is overvalued, lets use it while we can to buy the competition. Reporter there may be a lot more corporate marriages in the months ahead, but stovall says the stock market still needs to digest its recent gains. I think that we could end up seeing a relatively mild correction in prices, something on the order of 5 or maybe more. But then were going to see a lot of investors say, its time to jump back in because i missed most of this move. Reporter stovall also says any stock Market Correction needs a trigger. What that may be, however, is anyones guess. Suzanne pratt, n. B. R. , new york. Tom dell is among those Companies Involved in the deal making this year. Its founder and a group of investors wants to take dell private. In t
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