politicians

EL-ERIAN: If 'no' wins, global stock market sell-off – Business Insider

YouTube / LinkedInMohamed El-Erian.Greek voters have voted in a referendum on whether their country should accept the terms of a new European Union bailout package.They’re still counting the votes, but it’s become clear the “No” vote has won. In other words, “No” the Greek people do not want to accept strict fiscal-austerity measures in exchange for desperately needed bailout money.Before […]

Stock Market Fundamentals Rendered Irrelevant by Fed Actions …

Stock Market Fundamentals Rendered Irrelevant by Fed Actions

Stock-Markets / Stock Markets 2013Nov 26, 2013 – 08:25 PM GMTBy: J_W_Jones

The fundamental backdrop behind the ramp higher in equity prices in 2013 is far from inspiring. However, fundamentals do not matter when the Federal Reserve is flooding U.S. financial markets with an ocean of freshly printed fiat dollars.As […]