In a prepared testimony delivered by US Federal Reserve Chairman Ben reiterated that QE will continue until there are substantial labor market improvement in the US. Since I last reported to this Committee in mid-2012, economic activity in the United States has continued to expand at a moderate if somewhat uneven pace. In particular, real […]
Quantitative Easing (QE) to Continue – Federal Reserve Read More »
China’s customs administration reported last month that the country’s trade in goods in 2012 amounted to $3.87 trillion surpassing the US which had total trading volume of $3.8 trillion as measured by the sum of exports and imports of goods.
$3.87tn – China officially largest trading nation Read More »
Viewers of CNBC got quite an entertaining interview yesterday courtesy of anchorwomen, Maria Bartiromo. She rightly so put Maryland Senator Ben Cardin on the spot in a live interview by coming out swinging “Are you guys just incompetent, or what?” This is in response to Republican House leaders failing to get a vote held on a
Maria Bartiromo Lashes out at Senator Read More »
As widely expected the US Federal Reserve Chairman, Ben Bernanke concluded his two-day Federal Open Market Committee meeting with new monetary direction: Key points: Much larger and aggressive move than expected Buying $40 billion worth of mortgage debt per month with no definative end date Focus is on improving the employment outlook Strong short term
Bazooka Hits the Spot Read More »
