1 point
posted on 12/23/08
|
|
+7.46%
risk: conservative
|
|
Wall street rallies - but till where do we go on this ride!
|
|
Tuesday’s late-day surge on the Federal Reserve’s aggressive actions looks likely to be turned around, at least in the early going. Stock futures suggest a pullback from the rally that took the S&P 500 up by 5.1% in the wake of the Fed’s move.
The central bank has, for the time being, done away with interest-rate targeting, and is now focused on re-inflating the economy through money printing and the outright purchase of securities. But this is going to be a long process, and the mixed record of such efforts in Japan suggests a perilous road for the U.S. slide-rule committee.
“If U.S. equities fall today, such will reflect the fact that the Fed only took such aggressive actions because of the dire state of the economy,†write analysts at RT-ICAP. “Moreover nothing it announced or did yesterday is going to prove an immediate panacea. Even though mortgage rates fell sharply further yesterday, it is going to take months to rebalance housing, the crux of the recession.â€
Though rates on agency and mortgage paper declined in the wake of the Fed’s move, the action in Treasurys has been more dramatic, as the 10-year yield fell to 2.149% this morning, while the 30-year bond is at 2.615%, down from 2.735%. Analysts anticipate a further flattening of the yield curve, as short-term rates will no longer trade on the possibility of further interest-rate reductions.
The rapid succession of interest-rate cuts by central banks around the world has resulted in improved sentiment among global investors, according to Merrill Lynch’s most recent global fund manager survey. The December survey shows that fund managers “see the rate of deterioration in the global economy as slowing,†as cash levels declined a bit. Still, investors are looking for another year of below-trend growth, and are staying on the defensive, gearing investments toward healthcare, telecommunications stocks, utilities, and consumer staples.
Permalink | Trackback URL: http://blogs.wsj.com/marketbeat/2008/12/17/rethinking-the-fed-induced-rally/trackback/
Save & Share: Yahoo! Buzz | Share on Facebook | Del.icio.us | Digg this | Email This | Print
Read more: Crisis on Wall Street, Credit, Market Strategy, Bonds, Federal Reserve
|
Comments (21)
Add Comment
|
|
|
|
tama
|
|
N/A
|
1 point
commented 683 days ago
reply
|
professional golf calendar, breitling belongs to the select circle of four "Majors".Winner of the Celtic tag heuer Manor Wales Open two weeks ago, on a course where the Ryder Cup cartier will be held in October, Graeme McDowell has five victories hublot to his credit on the European circuit. Yet this devotee of fine watches patek philippe and cars has never won anything on the American cartier watches professional circuit. He has now become the first European in omega watches 40 years to win the U.S. Open, a victory that takes him
|
|
|
|
|
|
|
tama
|
|
N/A
|
1 point
commented 683 days ago
reply
|
from fake watches 37th to a career-high 13th spot in the world rankings.audemars piguet Graeme McDowell is particularly fond of haute omega horlogerie and proudly wears the Royal Oak and Royal Oak Offshore fake rolex collections. The Royal Oak embodies the perfect combination breitling watches of style and strength, two qualities that Audemars replica watches Piguet particularly appreciates in Graeme. As he pursues his rolex career around the world, he will continue representing the brand
|
|
|
|
|
|
|
xxwy
|
|
N/A
|
1 point
commented 683 days ago
reply
|
Many people want to buy diamonds do not know how the determination of the value of the diamond links of london links of London available online. Here you will find a great variety of jewelry such as links of london jewellery links of London sweetie bracelet collect links of London necklace。She would wear it links london when she went out on her bicycle. Outside, Ailsa smiled. which has links london wholesale evolved into the center of the world as Fashion jewelry making industry links jewellery the kind of day Ailsa liked best. She climbed on her bicycle and links of london bracelet headed downtown to do some shopping
|
|
|
|
|
|
This is a well known brand, and swarovski stress of a century of brand history, brand culture and the growing something new swarovski crystals and creative, design, mastery of the arts such as fashion, so Swarovski prices that you can effort. Therefore, its swarovski bracelet selling point is not that useful like real money. In other words, if you have only the skin color of patients swarovski sale wearing hard cash, we must wear a sterling sliver chain, but if you particularly like those new swarovski uk style, you can wear clothes outside, not direct contact with skin, no problem.
|
|
|
|
|
|
A great newsletter that will help you on how to acquire new stock in the market that is gaining!
Click Here to Subscribe http://perfectpicks.info
|
|
|
|
|
|
you fully than links of london wearing the famous brand trinkets.You links london should be appropriate for any kind of occasion such as the
conference,holiday, links of london jewellery traveling and any other
occasions as conservative as likely.
|
|
|
|
|
|
|
xxwy
|
|
N/A
|
1 point
commented 682 days ago
reply
|
Everyteenagercould links of london existing freely once you buy their significance links of london sweetie bracelet It has fulfilled the fantasy and entreaty of all ladies in the relations London, the best promotion excellent silver jewels, forever links of london sweetie sells very securely once it is very thrilled to collect links of London necklace.
Then come to coo links for delicate links of london necklaces Necklace inspired jewelries with the theme of love & brilliant and thoughtful men.
|
|
|
|
|
|
|
xxwy
|
|
N/A
|
1 point
commented 682 days ago
reply
|
links jewelry < reflects the cultural birthright links of london of the African’s people, and a deep amazement for nature. This plain and stylish links of London charm jewelry is often blending of exoticism, elegance, and quality.links of London technical skill over centuries; links rings, Cowries and hemp necklaces, links of London links of london jewellery earrings, bracelets and other charms are meticulously handcrafted in links of London store which has evolved into the center of the world as Fashion jewelry links of london rings making industry.Heart-shaped black bracelet friendship-It is made of sterling silver, colors and flower designs. This bracelet is of free size to fits on all medium sized wrists.Young generation not only girls but boy’s too loved links jewelry very much. Even a couple of strategically placed African cowries in a links necklace or bracelet add immeasurable interest and excitement.
|
|
|
|
|
|
there is no decoration, you can wear a brooch or pin. Brooch can be pinned to the collar on a jacket or suit, and the shoulders. links of london
links of london jewellery
links of london sweetie bracelet
links of london rings However, if wearing a Links of London Chain, it can only be worn on the inside of jacket, visible only from the neck, but not worn on the outside.
|
|
|
|
|
|
Links of London is an expert consultant about jewelry and diamonds. When looking for jewelry, links of london we recommend you shop only at the best links of london jewellery stores for fashion jewelry, engagement rings,
links of london sale
links of london jewellery wedding rings, and wedding bands, fashion earrings, fashion pendants. If you really love the Sugar Cane Finger Ring, take some time and get the ring that you really want so that you will be happy in the end.
|
|
|
|
|
|
Talked about stock picks, proven and strongly suggested!
Click Here to Subscribe---> http://perfectpicks.info
|
|
|
|
|
|
That usually causes a spike in wedding gown temporary layoffs and jobless claims in early July. Other manufacturers Wedding Dresses also reported fewer temporary layoffs than expected, the Louis Vuitton analyst added.Last week's drop "is very encouraging," Jennifer Lee, an louis vuitton diaper bag blue economist at BMO Capital Markets, said in a note to clients. "But it likely won't last" because louis vuitton diaper bag pink much of it was due to seasonal factors.
|
|
|
|
|
|
That usually causes a spike in wedding gown temporary layoffs and jobless claims in early July. Other manufacturers Wedding Dresses also reported fewer temporary layoffs than expected, the Louis Vuitton analyst added.Last week's drop "is very encouraging," Jennifer Lee, an louis vuitton diaper bag blue economist at BMO Capital Markets, said in a note to clients. "But it likely won't last" because louis vuitton diaper bag pink much of it was due to seasonal factors.
|
|
|
|
|
once
|
|
N/A
|
1 point
commented 663 days ago
reply
|
LiLi
The Coach Purses sales were not satisfactory, he said. The Coach Handbags brand is more exposed to UGG Classic Short than others, meaning it has less control over its sales, according to Cheap Coach C. Bernstein analyst Luca Solca. PPR rose as much as 1.65 euros, or 1.6 percent, to 104 euros and traded down 1.2 percent at 101.15 euros as of 11:02 a.m. in Paris trading. The stock has gained 20 percent this year, giving the maker of Boucheron jewelry and Sergio Rossi shoes a market value of about 12.8 billion Coach Outlet Store. "PPR has shrugged off yesterday's weak Cheap MBT Shoes figures to beat market expectations convincingly,"in the first half, said Tony Shiret, an analyst at dunk low and dunk high in London. Still, shox shoes and nike shox shoes results "question the declared aim of establishing a second main division focused on premium consumer goods." Nike Air Jordan saw a "considerable fall"in first-half North American wholesale revenue, Gucci Shoes Sale Chief Financial Officer Jean- Francois Palus said at a meeting today.
|
|
|
|
|
|
|
The same division and what's the difference? our society, there arepandora different ways that make people suffer, is vulnerable to him. the reason is a delusion. for pandora braceletsexample, increases in family, brothers and sisters grew up in all to share, if you parents if there is a pandora charms, scrambled to get him, parents, while we want to make all, without success. because everybody thinks his own circle, And not to be more considerate of others. even if you have apandora jewelry, you will have more reason to give to others,
|
|
|
|
|
|
we Dunjue he is very ordinary, mundane like a bunch of dim light from afar, leaf blade of grass, a drop of morning dew. If you pandora beads wear a, you are no ordinary princess, for which we mourn, we lament. In fact, we do not lament for the ordinary, as ordinary，Is also a beauty! Ordinary is the wilderness, conceived with the rise, as long as you with pandora bracelets; ordinary clay, pregnant with gains, as long as you are willing to hard work; ordinary is fine stream, and carries deep, as long as pandorayou are willing to accumulate. Ordinary is a thrill to rest after the fighting, is a brilliant meditation after the pursuit.
|
|
|
|
|
|
Willing to surrender their lives to face the terrible reality. pandora ukbecause they do not meet, they sometimes put their own conscience are forgotten. Is the life you so that they become nopandora braceletslonger human, but also life you make a human heart in the transformer. Life, how can people live happy,Live its own life? pandora can achieve these, not for some things but not the actual intent of all the good things to give abandoned. Remember past life journey.
|
|
|
|
|
|
Prom Dresses, formal and homecoming Dresses are available at fidress, the largest on line store.
fidress features formal dresses and prom dresses
wedding dresses
tiffany jewellery
Look more beautiful than you've ever imagined in top designer dresses
evening dresses
Best Discounted UK Tiffany Jewellery Sale Outlet provides designer Tiffany Ring,
necklaces and other jewelry in wholesale price.UK Tiffany specializes in
tiffany jewellery
tiffany
Tiffany sale
Tiffany jewellry hot sale now with discount. Tiffany provides the best Tiffany & Co jewelry, including Necklaces, Bracelets, Earrings, Pendants
tiffany co
tiffany co jewellery
Tiffany Rings
Tiffany Bracelets
Tiffany Necklaces
famous Tiffany Jewelry store which sell directly Tiffany Rings, Necklaces, Errings, Bracelets and other Tiffany Jewellery.
|
|
|
|
|
|
UK supplier of Prom dresses, ball gowns & evening dresses. Exclusive prom dresses with UK next day delivery. Try dresses on at home
Evening Dresses
discount evening dresses
edhardy
Minx is one of the leading supplier of prom dresses in the UK. With a great selection of prom dresses, evening dresses, ball gowns and cocktail dresses
the latest prom dresses, homecoming dresses, hairstyles, makeup and advice. Make your prom a night to remember!
Find a great range of Ed Hardy products. Ed Hardy Women's Ellerise Lowrise Sneaker · Ed Hardy Women's
thanks for your post.perhaps you will like
ed hardy
ed hardy clothes
Ed Hardy Clothing Shoes and Accessories On Sale,Official Ed Hardy Store for all Clothing and Gear,ed hardy swimwear,ed hardy Shoes.
ed hardy shoes
ed hardy clothing
|
|
|
|
|
|
are Gucci joy-468 perfect designer delights inimitable GUcci wristlet with interlocking G charm-891 on sale accessories for the fashion Chanel Bags Chanel Totes stores conscious, at a fraction discount gucci handbag of th knock off Flap Bag With Mademoiselle Jewelry Chain Strap Purple A46186-9333 gucci purses sale Gucci Travel & Business Gucci totes gucci bags Chanel lambskin ruise clutch bag purple A316-9577 Gucci Wallets Gucci coin purse
|
|
|
|
|
|
These MBT shoes clearance on mbtstore.org where has many mbt shoes bowling performance will have two types of mbt shoes;sliding and break soles that provide good grip and slide enough strike PIN. Casual style or sneaker MBT sandals will be a good agreement for novice players that offer you the necessary comfort and enhanced performance. If you often play, then go to style athletic MBT habari that help you in providing required support, comfort and performance to enjoy this sport bowling.MBT staka shoes, relieve pressure gait feet, promote metabolism and burn calories to some extent, they are used to reduce weight,MBT fumba shoes can provide training and treatment of muscle damage. In addition,MBT ema shoes also is good for you. In the shop,we buy MBT shoes will provide you the best service.
|
|
|
|
|
|
cheap ugg boots uk,UGG Bailey Button,ugg boots sale uk,UGG Classic Cardy,UGG Classic Mini,ugg boots sale,UGG Classic Short,UGG Classic Tall,UGG Metallic Short,cheap ugg boots,UGG Metallic Tall,UGG Ultra Short,UGG Ultra Tall,cheap uggs,
|
|
|
|
|
|
TODAY'S HEADLINES
|
