TOKYO (AP) -- Asian stock markets were mixed Monday as investors took a pause after last week's big gains with losses tempered by a surprise jump in U.S. employment.
Global stocks and commodities rallied last week after the U.S. Federal Reserve on Wednesday announced it would sink $600 billion into buying Treasurys over the next eight months to stimulate the sluggish economy by lowering long-term interest rates.
It seems the unemployment rate has been stabilized, at least for now. Is this global stock market mixed news a sign of pessimism after the news of the Fed's plan of pumping 600 billion dollars?
this news is really interesting. I just can't wait to see how the market response further to this according to the IS-LM model.
ReplyDeleteIn addition, I forgot which article that I read, but in that they predict that the Fed would spend more money to buy Treasury bond