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Market Wrap For March 31: Stocks Rally As Yellen Confirms Support For Economy
Monday, March 31, 2014 - 4:37pm | 2097U.S. stocks rose in the final day of the first quarter as the Fed's boss Janet Yellen said there is still room for the central bank to further boost the economy. Yellen, speaking in Chicago today, said the scars from the Great Recession remain, and reaching our goals will take time." Yellen...
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Market Wrap For March 19: Yellen Hints of Higher Rates & Sooner Than Expected End To Taper
Wednesday, March 19, 2014 - 6:03pm | 2470The Fed announced that it will increase its tapering by a further $10 billion in addition to dropping the 6.5 percent unemployment rate threshold which has been the target rate to hike the Fund Funds rate. Thirteen of 16 Fed officials expect the Fed Funds rate to rise by the end of 2015. The...
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Barron's Recap: Cues from Cooperman
Sunday, May 19, 2013 - 11:19am | 861This weekend in Barron's online: a profile of a Wall Street titan, a tribute to a former Barron's editor and columnist, and the prospects for Ryder System, Tencent and ING U.S. Cover Story "Cues from Cooperman" by Lawrence C. Strauss. This article says that Leon Cooperman, chairman and CEO of...