While the stock market is cheering easy money, the cheering is very short-sighted. I wouldn’t buck the tape, but I regard the Fed’s policy as a storm cloud over stocks and the future economy. Read More
The best way for the Federal Reserve to smoothly exit from its current stance on monetary policy is to make it more a process than an event, says bond expert Tony Crescenzi. Read More
Maria Bartiromo will be hosting a special edition of Closing Bell today live from the CME Global Financial Leadership Conference in Naples, Florida and will get rare and exclusive access to Paul Volcker, Former Chairman of the Federal Reserve. Read More
Stocks surrendered earlier earnings-fueled gains on Friday as investors began to lock in some profits. So where should you put your investment dollars now? Brian Place, president of Place Financial Advisors, and Peter Boockvar, equity strategist at Miller Tabak, discussed their market outlooks. Read More
Fed chairman Ben Bernanke delivered a big speech yesterday and never mentioned the beleaguered dollar. Not once. This is just incredible — beyond the pale. And so for now, the story remains the same: Gold and commodities continue to boom, while the greenback plunges further. Read More
It doesn't make sense to me. We have a war in Afghanistan, one in Iraq, still no hope for peace in the Middle East, and Iran is boiling its nuclear reactors. Now we have the Nobel Peace Prize? I know it's not really my place to comment since we all have our own opinions, but if C.C. Sabathia doesn't get the Cy Young award — and I know that guy in Kansas City had a better ERA, but the Yankees are in the playoffs — then I might think about changing parties. Read More