What's going on in the Markets?
Here's a pretty decent article on what's going on with the market. Unlike this post, the article is a little on the medium-long side, but very insightful.
I encourage everyone to give it a good read. Thanks again for reading the Canadian Dollars Blog.
The sell-off came as Federal Reserve Chairman Ben Bernanke called on Congress to pass, as soon as possible, an economic stimulus package that would include a tax rebate and possible tax breaks for new investments. The White House indicated it supported a stimulus package as well, but one worry was that disputes over whether to make the 2001 and 2003 tax cuts permanent could derail the process.
I encourage everyone to give it a good read. Thanks again for reading the Canadian Dollars Blog.
Comments