There has been much discussion about buyout of Bear Stearns by J.P. Morgan. CNBC has a video that pretty well sums up many people’s perception that the Fed showed preferential treatment towards Wall Street over the individual citizens amid the economic crisis. The media has a knack for revving up emotions for the sake of [...]
Tag Archives: Federal Reserve
Why A Weaker Dollar Is GOOD
Headline on yahoo finance today: http://biz.yahoo.com/ap/071107/wall_street.html This has been no doubt one of the most discussed topics regarding our economy and is usually looked upon as a negative. Keep in mind that the feds do have the power to influence exchange rates, if they chose to put positive pressure on the exchange rate all they [...]
Posted in Economics, Investments Also tagged Currency, Dollar, Interest Rates, Trade Deficit, US Leave a comment