Bernanke
Oh Europe
Submitted by News Desk Ninjas on Fri, 09/09/2011 - 15:01The western hemisphere seems to be slowing down everyday. Even though there was no trading on Labor Day, the last four trading sessions have been volatile, responding to a barrage of macroeconomic news.
On Tuesday, the Swiss National Bank stated that it would attempt to cap its currency’s value against the Euro. Considered to be a safe-haven like precious metals, the Swiss Franc quickly drove down equity markets. Wednesday was a pretty quiet day and markets rallied slightly.
Buffett, Jobs, Jackson Hole: What a week!
Submitted by News Desk Ninjas on Fri, 08/26/2011 - 14:07It's been an eventful week.
The news was dominated on Thursday with Steve Jobs' resignation as the CEO of Apple, and Warren Buffett's decision to invest $5 billion in Bank of America.
Combined with intense uncertainty in Europe, markets have been rather volatile.
