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US Stock Futures Up As Investors Await Bernanke Speech
Tuesday, June 7, 2011 - 6:26am | 587US stock futures are higher this morning, as investors are awaiting a speech by Federal Reserve Chairman Ben Bernanke. Futures on the Dow Jones Industrial Average surged 52 points to 12,139.00 and futures on the S&P 500 stock index rose 6.80 points to 1,291.80. Nasdaq 100 futures gained 9.25...
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Watch Copper Today (JJC, FCX)
Wednesday, April 27, 2011 - 10:27am | 238Copper is getting hit hard today, down over 1% as Federal Reserve Chairman Ben Bernanke holds his first ever press conference after the FOMC meeting concludes today. Copper is a leading indicator of economic demand, as it's used it pretty much everything, from housing, wires, and thus higher...
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Ben Bernanke Holding Press Briefings
Thursday, March 24, 2011 - 2:34pm | 49Federal Reserve Chairman Ben Bernanke is going to be holding press briefings four times per year. This year, Bernanke will hold press briefings at 2:15 p.m. following FOMC decisions scheduled on April 27, June 22 and November 2. This is historic, as the Chairman of the Federal Reserve has never...
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How To Trade Ben Bernanke's Speech (TLT, TBT)
Tuesday, March 1, 2011 - 9:23am | 295Federal Reserve Chairman Ben Bernanke is set to give his semi-annual testimony to Congress, and will discuss the health of the economy. Bernanke is expected to keep the latest round of quantitative easing alone, despite concerns both here and abroad about the program. Bernanke is expected to...
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All The Way USA Says Avner Mandelman (TLT)
Monday, February 28, 2011 - 9:13am | 226Avner Mandelman, co-director of Venator Capital Management, believes that U.S. Treasuries are a buy here for a few reasons. Mandelman says that the supposed bankruptcy of the U.S. isn't going to happen. Mandelman believes that the wars in 1991 and 2003 proved the power of America, and bull markets...
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Bernanke: We're Doing The Right Thing
Friday, February 18, 2011 - 9:18am | 184Federal Reserve Chairman Ben Bernanke continues to defend Federal Reserve policies, saying that U.S. policies are not causing inflation and asset bubbles around the globe. An article in the Wall Street Journal states that Bernanke said that foreign central banks and policy makers have tools to...
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US Stock Futures Down As Investors Await Earnings Reports, Cisco Drops In Pre-Market Trading
Thursday, February 10, 2011 - 7:37am | 505US stock futures are lower this morning, as investors are awaiting earnings reports from many companies. Futures on the Dow Jones Industrial Average fell 49 points to 12,158.00 and S&P 500 futures dropped 7.90 points at 1,311.30. Futures on the Nasdaq 100 index dipped 21.75 points to 2,340.50...
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A Peek Into The Market Before The Trading Starts
Wednesday, February 9, 2011 - 8:49am | 467Pre-open movers US stock futures are lower this morning. Investors are awaiting comments from Federal Reserve Chairman Ben Bernanke. Futures for the Dow Jones Industrial Average dropped 23 points to 12,173, while those for the S&P 500 index declined 4.2 points to 1,318. Futures for the Nasdaq...
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US Stock Futures Signal Lower Start On Wall Street, Earnings In Focus
Wednesday, February 9, 2011 - 7:34am | 420US stock futures are lower this morning. Investors are awaiting comments from Federal Reserve Chairman Ben Bernanke. Futures for the Dow Jones Industrial Average dropped 22 points to 12,174.00, while those for the S&P 500 index declined 4.9 points to 1,316.80. Futures for the Nasdaq 100 index...
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Two-Thirds Investors Love Uncle Ben
Wednesday, January 26, 2011 - 12:14pm | 246Federal Reserve Chairman Ben Bernanke is enjoying a 66% approval rating from investors, according to 1,000 Bloomberg customers surveyed between January 21-24. This makes him more popular than Jean-Claude Trichet, head of the European Central Bank, and other political leaders around the world,...
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David Tepper Still Bullish On The Economy
Friday, January 21, 2011 - 9:34am | 511David Tepper, founder of Appaloosa Management is on CNBC and he's bullish on the economy, in large part to strength in the economy and the Federal Reserve. It's not an everything goes up kind of market though, according to Tepper. The last time Tepper was on CNBC, he gave his famous "balls to the...
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Ben Bernanke: Are You Kidding Me?
Friday, January 7, 2011 - 12:29pm | 436In testimony today before the Senate Budget Committee, Federal Reserve Chairman Ben Bernanke, said that it will take 4-5 years to get back to normal unemployment. Bernanke defended QE2, and said that Congress needs to reduce the federal deficit. “We have seen increased evidence that a self-...
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Important Washington Events Next Week
Thursday, December 30, 2010 - 4:40pm | 208Just because the year is coming to a close tomorrow doesn't mean that Washington and the economy is going into an off season. Next week, Congress picks back up into gear, returning from their holiday break with some very important economic data being released. The first day back to work for...
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QE3 Is On It's Way: How To Play It
Monday, December 6, 2010 - 10:18am | 275Federal Reserve Chairman Ben Bernanke was on CBS's "60 Minutes" last night and he made the mention that more bond buying could be possible, if he felt it was necessary to stimulate. The launching of QE3 is on its way, and the United States is on its way to becoming to Japan. We're going to see no...
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Fed Reserve Chairman Say's "Not in the business of inflation" From Jekyll Island Conference
Saturday, November 6, 2010 - 4:59pm | 136“We're not in the business of trying to create inflation,” Ben Bernanke stated from a panel at the Fed conference in Jekyll Island, Georgia. The Federal Reserve Chairman defended Reserve policy amid concerns of rampant inflation via QEII. Many reserve watchers found it rather ironic the conference...