Fed Ends QE
by Stephen Lendman On October 29, A Federal Reserve press release said in part: The Open Market Committee (FOMC) "decided to conclude its (QE) asset purchase program this month." It's "maintaining its existing policy of reinvesting principal payments… more »
Government Shutdown and Appointment of Janet Yellen Guarantees Flow of Funds to Wall Street: They are reducing “two-thirds of this country to subsistence level”, Chris Hedges
via chycho It’s no secret that the only reason the markets have been roaring – since bottoming out in March 2009, the DOW is up approximately 125% and The S&P 500 approximately 120% - is because of unlimited quantitative easing to the tune of $85… more »
Jobs Report Shows America in Decline
by Stephen Lendman Headlines cheered America's June report. Bloomberg said "US Employers Added More Workers in June Than Forecast." "Employment roared ahead in June." America's "economy is poised for faster growth as it shakes off the impact of tax… more »
Why Stocks Have Risen: Stimulus, Stimulus, and Indefinite-Stimulus, i.e., Transfer of Wealth from Main Street to Wall Street
by chycho Since bottoming out at an intra-day low of 6,467 on March 6, 2009, the Dow Jones Industrial Average (DOW) has risen to 15,295 as of May 23, 2013 - a gain of approximately 130% in just over 4 years. The S&P 500 has shown similar results,… more »
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