gmiller

How the Fannie / Freddie Announcement Impacts Forex, M&A

<There is no question that US Treasury Secretary Paulson’s announcement has carved out a bottom in equities>

Really? That's right up there with Bernanke's fairly recent statement that Fannie and Freddy had nothing to worrry about. Actually, he was right- they're Uncle Sam's problem now.

What Drove the Dollar to a 6 Month High?

<<The troubles in the US financial sector continue to be the biggest stories of the day, driving the US dollar to a 6 month high against the Euro.>> say what?

Allow me to help you re-write your tagline, Kathy. How about> "false rally an Euro zone problems drive dollar to six month high, in spite of U.S. finnacial disaster?