“Of course, Obama has no chance of getting a second term in this economy,” my friend said definitively. “And whoever gets elected in 2012 will be a one-term President too.”
Are you better off than you were four years ago?
Tag: Federal Reserve
Stocks, GDP, unemployment, and QE3: what should we expect from here?
Note that after every hint or announcement of more Fed action, the S&P came off a recent low.
Nicholas Mangee: Fed is failing its dual mandate
Another great column from Armstrong economics professor Nicholas Mangee in the Savannah Morning News: Our economic times: Federal Reserve remains resistant on policy
Quantitative easing and the stock market
Calculated Risk has a succinct QE Timeline in this post. He also puts those dates into the following graph of the S&P 500. It speaks for itself.
Updated Fed economic predictions guarantee another round of quantitative easing (QE3)
Today’s economic projections after the latest round of Fed meetings are, in a word, dismal. They show continued growth and continued declines in unemployment — i.e., no recession — but with a growth so slow that millions of Americans will remain un- or underemployed. Many Americans already have a tenuous hold on their standing in the middle class; millions more will fall out of it if the Fed doesn’t do more.
Just don’t call it QE3 . . . the Fed considers a “twist” to boost economy
Tonight the Washington Post is reporting on the Federal Reserve’s likely (or at least possible) decision in a couple of weeks to sell some of its shorter term securities and buy longer term ones. So there wouldn’t be any additional…