| Sep 6, 2012
| 9:23 AM
The European Central Bank announced Thursday that it would buy the bonds of financially flailing countries such as Spain and Italy in unlimited quantities if necessary to keep their borrowing costs down, in an unprecedented move to keep a lid on the...
| Sep 7, 2012
| 5:02 AM
Global Focus: Europe's economic roller coaster slowed to a safe stop Thursday, after the latest white-knuckled plunge toward disaster, when European Central Bank President Mario Draghi vowed to control soaring interest rates that threaten to bankrupt...
| Oct 24, 2012
With U.S. stocks near five-year highs, the unmistakable reality of a sputtering global economy has hit home, stifling U.S. corporate sales and spooking investors.
They started heading for the stock market exits last week, and they picked up the pace...
| Nov 7, 2012
| 7:13 AM
U.S. stocks fell sharply at the open Wednesday, as investors focused on how President Obama plans to avoid the fiscal cliff after he won re-election Tuesday night.
Worries about the European economy also resurfaced, putting more pressure on global...
| Aug 26, 2012
We're back to the familiar pattern.
Your investments probably drifted lower last week — not based on the underlying economy or business, but rather on second-guessing what the Federal Reserve and central bankers in Europe might have up their...
| Aug 27, 2012
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Jesse Lipscomb, Investment Advisor
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| Aug 29, 2012
Economies in China and Europe have weakened, and the U.S. has slogged through slow growth and high unemployment, yet stocks have climbed a shocking 10 percent since June on the expectation that the Federal Reserve and its counterparts in Europe would soon...
| Sep 2, 2012
You'd never think of Fed-speak as the warm fuzzies, but that's the way investors took Federal Reserve Chairman Ben Bernanke's speech Friday at Jackson Hole, Wyo.
Bernanke didn't say when he might stimulate the economy again, or how he might do it, but in...
| Sep 5, 2012
The shine is back in gold again, thanks to a tarnished global economy and the expectation that the Federal Reserve and European Central Bank are going to try to spark growth.
Gold hit $1,700 an ounce before closing at $1,696 on Tuesday in a...
| Jul 21, 2012
Because of the breakdown of political decision-making in the U.S. and Europe during the Great Recession, the burden of response has fallen largely on two big central banks: the Federal Reserve and the European Central Bank. And down the road, they are...
| Jul 26, 2012
| 8:18 AM
Mario Draghi, president of the European Central Bank, pledged Thursday that the institution “is ready to do whatever it takes to preserve the euro,” sending financial markets soaring around the world.
The Dow jumped more than 250 points in...