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The Fed's Plan in Plain English
Thursday, November 4, 2010 - 10:23am | 234Read More...On Yahoo's TechTicker, Aaron Task sat down with Axel Merk of Merk Mutual Funds to discuss what the Federal Reserve's $600 billion treasury purchase announcement really means. When asked, “Why is the Federal Reserve buying bonds?” Mr. Merk said, “It wants to lower interest rates, in the hopes that...
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US Stocks Slumped Yesterday As Heat From Weakening Euro Worsened
Thursday, May 20, 2010 - 6:50am | 318Read More...US stocks finished slightly lower yesterday, led by industrials Caterpillar (NYSE: CAT), Boeing (NYSE: BA) and 3M (NYSE: MMM), as the fear of the US companies doing business in the Eurozone getting hurt by the weak euro loomed large on investors. The losses at the Standard & Poor's 500 wiped...
