A year ago, the mood on Wall Street was quite somber—if not downright bleak. Lots of commentators say that the mood is quite different today, but how different is it really? And what does contrarian analysis say it means for the stock market’s short-term future?
It's a busy day in Techland. It's always a busy day in Techland, amiright? Let's get right to it: Google improperly obtained cheap fuel from the government for its fleet of private jets. These are the most innovative smartphones of the year. WhatsApp has taken only $8 million in funding. OMG: Walma...
Markets are in the red early in the European trading session.
Britain's FTSE 100 is down 0.4%.
France's CAC 40 is down 0.01%.
Germany's DAX is down 0.4%.
Spain's IBEX is down 0.1%.
This follows a sharp sell-off during Wednesday's U.S. trading session.
Later today, we will get the latest weekly tally...
Dec 11, 2013
Alan Blinder, a professor of economics and public affairs at Princeton University and former vice chairman of the Federal Reserve, is back at it.In an Op-Ed in the Wall Street Journal Blinders says "Don't only drop the interest rate paid on banks' excess reserves, charge them."Please consider The Fe...