Market recap: Stocks pushed higher as regional presidents Dudley and Bullard signaled the Fed...


Market recap: Stocks pushed higher as regional presidents Dudley and Bullard signaled the Fed remains far from winding down its stimulus, plus a bullish outlook from Goldman Sachs. Bernanke is on deck tomorrow with Senate testimony. Leading the gains were health care, consumer and bank stocks, while telecom and tech weighed on the downside. Treasurys rose; 30-year yields fell to 1.935%.
Comments (2)
  • wapiti
    , contributor
    Comments (711) | Send Message
     
    Nothing but a stimulus fed market...Crackheads are what the markets run on now...Take the crack away and they die
    21 May 2013, 04:51 PM Reply Like
  • sl100
    , contributor
    Comments (112) | Send Message
     
    If the rates go to 2.8% entire years taxes will go just servicing debt in japan.I think Japan is going to go bankrupt yields are going to rise and one day it will end game as any amount of printing will no stop the rise of rates on Japanese bonds. It's kind of stupid to screw your own citizens. Hyper inflation in Japan coming soon and yen will be worthless. Central bankers have gone mad and rewarding all the wrong people who got us in this mess. Only hope Germany does not allow more printing in euro. If not money will be worthless in 1-2 years timeframe
    22 May 2013, 12:02 AM Reply Like
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