Waiting For Operation Twist
Posted on September 20, 2011 at 10:05 AM EDT
With the Greek rumor mill quieting down a bit and nothing major on the economic calendar, the market will likely shift its attention to the Fed’s two-day meeting, which gets underway today. The central bank is expected to announce the so-called ‘Operation Twist’ as a prop for the market, but the move’s relevance to the [...]

With the Greek rumor mill quieting down a bit and nothing major on the economic calendar, the market will likely shift its attention to the Fed’s two-day meeting, which gets underway today. The central bank is expected to announce the so-called ‘Operation Twist’ as a prop for the market, but the move’s relevance to the economy’s structural problems is far from clear.

Nevertheless, in the absence of anything negative from the across the pond, stocks will likely remain in a wait-and-see mode … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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