Tuesday, September 21, 2010

Stocks struggle ahead of Fed

CNNMoney.com- September 21, 2010

Stocks struggle ahead of Fed


The Fed is planning on additional stimulus measures, which makes stock investors hesitant.

Change in stimulus package can affect the interest rate in the market. If there is more money out there, interest rate will go down, and that is the right time to invest.

Housing: surges to a 10.5%, which supersedes any other statistics in the past four months. However, it is not a sign to be so optimistic about. We still have to wait.

World Market; receives mixed closings.

Gold continues to go high, even though in the past week, it has dropped by almost 5 dollars per ounce.
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