Tuesday, August 9, 2011

Economic Report August 9, 2011: Paul Buzby

Wall St rallies after sell-off; Fed statement on tap
Everyone guessing on what the Fed will say today.

Fed under pressure to act as world markets swoon
Raise the Interest Rate. Banks will start lending to businesses. Economy starts moving.

Bond crises ease but fear spreads to Europe stocks
Europe in bigger trouble than the U.S.

Poll suggests 2012 change in power in Washington
Get rid of the progressive dinosaurs and put in fiscal conservative Americans.

The Fast Fix: Obama overload?
The only one not tired of seeing Obama on TV is Obama.

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