October 2014

October 23, 2014

//
Posted By
/
Comment0
/
Categories,
The European Central Bank buys securities from banks. Under Mario Draghi, the European Central Bank has embarked on its boldest stimulus yet — expanding its balance sheet by purchasing various kinds of asset-backed securities from Eurozone banks. We applaud Draghi’s determination, and...
Read More →

October 17, 2014

//
Posted By
/
Comment0
/
Categories,
Falling Oil  Oil continues its sharp decline, driven by seasonal factors, although a strong U.S. Dollar and global growth slowdown fears are also involved. Oil companies have been hurt, and the U.S. consumer is benefitting from cheaper gasoline. Although the strong Dollar...
Read More →