Deeper Analysis
Examining One Flawed Reason for the Fed Not to Ease Additionally
October 13, 2010
It is widely recognized that overly stimulative U.S. monetary policy in the 1960s and 1970s was a root cause of the high inflation that developed in the 1970s and 1980s. Among those opposed to a second round of quantitative easing, a big concern is the fear of replicating that piece of history. A quote in […] More
New Overnight Developments Abroad - Daily Update
Stocks Rebound After Chinese Data Release
October 13, 2010
Equities advanced 2.4% in India, 2.0% in Sri Lanka, 1.8% in Indonesia, 1.6% in Thailand, 1.7% in Singapore, 1.5% in Hong Kong, 1.4% in China and 0.7% in the Philippines and Malaysia. Stocks are up 1.4% in Germany and France and by 1.2% in Britain. Stocks lagged well behind in Japan (0.2%) and were unchanged […] More