Fed chairman Ben Bernanke testified before Congress yesterday and confirmed that the Fed Open Market Committee (FOMC) is considering reducing its monthly bond and mortgage purchases – known as “quantitative easing” (QE) – over the next few weeks or months. This is no surprise to my regular readers, but of course the markets responded negatively….
President Obama has had a rough go so far this year with the gun-control setback, the sequester backfire, having to back off of his so-called “red line” threat to Syria and the likely failure of his immigration reform plans. But don’t worry, he’s got something much bigger up his sleeve. Actually, it’s already out in…
In addition to his blog, Gary publishes a weekly newsletter that has been enjoyed by the investment community for over 30 years. Once only sent to his clients, Gary’s Forecasts & Trends E-Letter analyzes the latest economic news, markets and political environment and is now seen by over half a million subscribers. He brings you news that the mainstream media has missed or completely ignores - stories that have an impact on your lifestyle, your future and your pocketbook.
