QE3

Despite poor economic numbers, the Dow Jones, the NASDAQ, and the S&P 500 all rallied on Thursday morning. Is this a sign of increasing inflation expectations among investors? On Thursday, the Labor Department reported jobless claims of 414,000. The number represents a drop of 16,000, but any...

The general consensus among foreign-exchange professionals is that there will be no third round of quantitative easing. Bloomberg surveyed the professionals that attended its FX Summit in London last week and found that 65% believed that there would be no QE3. The Federal Reserve is set to...

Now that we've all digested the brats, burgers, and barbecue that come with Memorial Day, two things are official. One, my mother makes the best potato salad in the mid-West. (It might be the mix of mayo and miracle whip that really ties the flavors together.) That probably won't do much for your...

QE2, the program that the bi-winning Fed started last November to buy $600 billion of US Treasuries, is scheduled to end in late June. While the market is still priced for a continuing QE2 or a QE3 program, some people are not so certain. Among the doubters, the most influential person is likely...

We just saw fourth quarter GDP come in much lower than expected, as the economy grew at a 2.8% clip in the fourth quarter. Expectations were for a rise to 3.3%, up from the initial reading of 3.2%. The futures initially sold off on the print, but have since rebounded all their gains and then...