markets moved past period of greatest risk
Even though the eurozone is still in crisis and the Fed has lowered its foreacast growth rate for the US, Bob Doll argues that for markets the worst is over.
Federal Reserve
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fed to buy $400bn of treasuries in operation twist
The Fed is to buy and sell $400bn of US Treasuries to boost corporate business borrowing and consumer mortgage lending.
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Coutts favours quality bonds and high quality companies
Coutts looks to quality as deleveraging and low growth looks set to dominate.
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PA ANALYSIS: QE not the answer from Jackson Hole
Central banks have to come up with measures outside QE to stimulate growth and recduce debt levels.
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Gold falls as US outlook improves
Gold prices fell sharply overnight but things may change after tomorrows Jackson Hole conference.
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Fed will pursue QE3 in 2012 but UK must act sooner
An economist has accused the Fed of being willing to cancel Christmas” to regain credibility.