stocks rise on suggestion of stimulus

Discussion in 'Economy' started by Truthmatters, Jun 12, 2012.

  1. Truthmatters
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    US stocks turn higher despite unease over Europe | Fox News


    U.S. stocks moved higher Tuesday, recovering some of their big loss from a day earlier, after a Federal Reserve official said he supported more measures to stimulate the economy.

    The Dow Jones industrial average climbed 100 points to 12,511.

    Charles Evans, president of the Fed's Chicago bank, told Bloomberg News that he supported action to produce faster job growth. Last week, Fed Chairman Ben Bernanke said he was ready to act if the economy needs it but made no promises.


    Read more: http://www.foxnews.com/us/2012/06/12/us-stocks-open-higher-despite-unease-over-europe/#ixzz1xbfMUoJ9
     
  2. Truthmatters
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  3. TakeAStepBack
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    Sweet. More cheap money. Nothing cures a monetary inflation hangover like more monetary inflation. Hair of the dog, man. Works every time. :lmao:
     
  4. KissMy
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    Charles Evans has been saying this for weeks. He is an alternate Fed member. He can't even vote this year.

    2012 Members of the FOMC Members

    Ben S. Bernanke, Board of Governors, Chairman
    William C. Dudley, New York, Vice Chairman
    Elizabeth A. Duke, Board of Governors
    Jeffrey M. Lacker, Richmond
    Dennis P. Lockhart, Atlanta
    Sandra Pianalto, Cleveland
    Jerome H. Powell, Board of Governors
    Sarah Bloom Raskin, Board of Governors
    Jeremy C. Stein, Board of Governors
    Daniel K. Tarullo, Board of Governors
    John C. Williams, San Francisco
    Janet L. Yellen, Board of Governors

    Alternate Members

    James Bullard, St. Louis
    Charles L. Evans, Chicago
    Esther George, Kansas City
    Eric S. Rosengren, Boston
    Christine M. Cumming, First Vice President, New York
     
  5. PredFan
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    And morons like Truthmatters applaud this all the way.
     
  6. Truthmatters
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    history proves you people wrong.


    why bother with facts when you have blind idiot devotion on your side huh guys?
     
  7. KissMy
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    Prove my post wrong!!!
     
  8. Truthmatters
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    why dont you prove why the stock market wants a stimnulus?
     
  9. TakeAStepBack
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    Are you really this fucking stupid?

    Explain why the stock market wants cheap money? Oh, gee, I dont know, maybe so they can gamble and make more FRNs on the gambles.

    Tell me why pumping more money into the economy, like the last two QEs, wont do a fucking thing for the economy. Tell me that.
     
  10. KissMy
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    EPIC FAIL!!!!

    So now you are for the rich & making their stocks go up?

    The rich have made way more money under the Obama administration than any other in history. Now you want to help them even more.
     

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