Tagged: fed

digital salsa

Paper Chase: Digital Salsa

  Stocks closed 2014 at near record levels as the Dow finished positive for a 6th straight year up 7.5%. This is the longest run of positive gains since 1991 through 1999.   The S&P 500 ended the year up 11%. This is now 3 straight years of double digit...

Healthcare.gov

Paper Chase: One Year of Healthcare.gov

  The Bank of China has lowered interest rates to stimulate their economy. Meanwhile, European Central Bank (ECB) President Mario Draghi started their bond buying program to jump start their economy. Central banks cutting interest rates and buying bonds definitely sounds familiar.   Existing home sales rose 1.55% in October...