Taper . No. Probably not. Ill leave that to kelly evans. 2. 7. Weve been hanging around that range for some time. Lets go overseas and take a look. It was really asia that had the strongest markets in the world with the nikkei in particular. Can you see it up 2 . 7. 7 last week for the nikkei of course, theyre pressuring that yen again, the dollar gets stronger and you see what happens as theyre trying to get thing back on track in a sense after a gdp number that was a little lower than some had hoped for. Lets get to our road map this morning. Where does it start . The dow and s p, starting from another set of new highs and looking to extend the overnight cali throughout. Moodys cutting its ratings on bank saying the government is less likely to jump to rescue in the future. And paulson and loeb piling into fedex. Lets start with the markets, futures are on the rise. The dow and s p all look to set new record highs. The s p, by the way, fewer than 10 points from 1,800. We can do some
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Idanna Appio spent 15 years at the Federal Reserve Bank of New York analysing the history of sovereign debt crises. Now, as a fund manager at $138 billion First Eagle Investments, she s reached a conclusion: U.S. Treasury bonds are too risky to hold.
Idanna Appio spent 15 years at the Federal Reserve Bank of New York analysing the history of sovereign debt crises. Now, as a fund manager at $138 billion First Eagle Investments, she s reached a conclusion: U.S. Treasury bonds are too risky to hold.
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