Topic: Jack Ablin
AP News | 2009-12-13 17:54:43
Investors set to break down Fed's comments, continue questioning when interest rates will rise
Investors expect the Federal Reserve to keep a key interest rate at a historic low level. Why? Because Fed Chairman Ben Bernanke said so. "The market has listened to him and really believes what Bernanke has said," said Daniel Penrod, senior industry analyst at the ...
AP News | 2009-07-04 16:02:00
ALL BUSINESS: Investors choose cash as an asset class, which is bad for stocks
That old saying "cash is king" certainly rings true these days. Investors can't seem to get enough of it, which ultimately could be bad news for the stock market and the economy. In the past, investors would cling to cash until the market's prospects ...
