Stimulus hopes permeated Wall Street for another day as investors pushed stocks higher amid continuing speculation that the Fed will roll out another round of quantitative easing this Thursday. Before Bernanke gets a chance to satisfy, or disappoint, investors will need to first digest the German court ruling regarding the proposed Euro zone bailout tomorrow morning. News of any gridlock overseas can very easily spark a broad sell-off seeing as how investors have made their high hopes for additional stimulus very clear on both sides of the Atlantic ocean [see also Roubini Bets On QE3]. Global Market Overview: Bulls Charge Ahead Of German Court Ruling Major equity benchmarks inched into green territory bolstered by intensifying QE hopes and better-than-expected data on the home front. The National Federation of Independent Business’s optimism index came in at 92.6 following the previous reading of 91.2; this marks a modest improvement in confidence among small business as more companies are anticipating a pickup in [...] Click here to read the original article on ETFdb.com. Related Posts: Van Eck Lowers Expense Ratios On Three ETFs Poland ETFs: A Bright Spot In A Gloomy Region ETFs To Play Euro 2012 Emerging Markets ETF Cheat Sheet: Yields, Returns, Fees & More Emerging Market ETFs: Surprising Standouts In A Hectic Month
Stimulus hopes permeated Wall Street for another day as investors pushed stocks higher amid continuing speculation that the Fed will roll out another round of quantitative easing this Thursday. Before Bernanke gets a chance to satisfy, or disappoint, investors will need to first digest the German court ruling regarding the proposed Euro zone bailout tomorrow morning. News of any gridlock overseas can very easily spark a broad sell-off seeing as how investors have made their high hopes for additional stimulus very clear on both sides of the Atlantic ocean [see also Roubini Bets On QE3]. Global Market Overview: Bulls Charge Ahead Of German Court Ruling Major equity benchmarks inched into green territory bolstered by intensifying QE hopes and better-than-expected data on the home front. The National Federation of Independent Business’s optimism index came in at 92.6 following the previous reading of 91.2; this marks a modest improvement in confidence among small business as more companies are anticipating a pickup in [...]
Click here to read the original article on ETFdb.com.
Related Posts:
