MONEY MATTERS & WE CARE

	1.800.956.6897
info@winflowfinancial.com

About Us

Home » fed meeting

Tag: fed meeting

FOMC meeting concluded silence, market down

Posted by Winflow – September 21, 2011

FOMC meeting concluded silence, there were basically no change to their policies. The market was down as traders’ high expectations were not met.

The US Economy

It looks like the Fed disappointed the market, which closed down 3%. A broad sell off in the last hour of trading was seen across the market.
The FOMC meeting ended today with no news Read the rest of this article

Posted by Winflow – September 20, 2011

Market rallied then gave back its gain at close. The market today varies more according to traders than fundamental.

The US Economy

US housing starts in august dropped by 5% MoM or 5.8% YoY, building permits increased by 3.2% YoY
On the positive side of housing, Lennar Corp came out with earnings and report their backlog up 16%. This could be an indication of improvement in construction sector. Read the rest of this article