March 19, 2009 by: www.seekingalpha.com With there already having been countless stories written about the Fed’s actions on Wednesday, I thought it would be helpful to point out one of the least heralded facts from Wednesday’s crazy day of trading: In less than two hours after the Fed announcement, the SPDR Gold Shares (GLD) trading […]
There’s more where that came from. That’s what some market watchers are saying about Monday’s sharp selloff, following a stunning-yet, some say, suspect-run-up of well over 20 percent from the standing bear market low of March 9. “Whenever you get that kind of move in that short a period when news is still mixed, you’re […]
March 18, 2009 by: www.seekingalpha.com How does the Federal Reserve’s statement today affect Treasury bonds and exchange traded funds (ETFs) that hold the government debt? The Federal Reserve announced midday that it will begin large-scale purchases of 30-year Treasury Bonds to the tune of $300 billion over the next six months, reports David Goldman for […]