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Fed May Boost Stimulus Pledge9 (Bloomberg) -- Joseph Balestrino, a fixed-income market strategist at Federated Investors Inc., talks about today's Federal Open Market Committee meeting and its potential impact on the financial markets. Balestrino speaks with Betty Liu on Bloomberg ... read more
Wall St. futures up, bolstered by Fed hopes
(AP Photo/Jin Lee) The Fed gave no indication of what action it would take at meeting Tuesday, but hopes that it will be forced into more action helped stocks in Europe and Wall Street futures recover. Investors still remained worried, however, ... read more
The Fed's Stuck
To that end, all eyes will be on the Federal Reserve. If the Fed persists with another round of unorthodox medicine, say QE3, it will be perpetuating the same catastrophic stupidity it did last year. That's because it would be misdiagnosing the problem ... read more
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