Fedâ??s Stimulus Shocker Sends Stocks Surging (AP)
At approximately 2:05 pm EDT, yesterday, global stocks surged higher on the surprise news that the countryâ??s $85 billion a month stimulus plan will continue chugging along for another month at least. In addressing the media after yesterdayâ??s meetings, Fed Chairman, Ben Bernanke shared that too many economic indicators, including unemployment, were still not in position to support tapering the governmentâ??s program. That said, the next big question looming over investors is what happens in October, if all of the figures align?
Sign up to the Human Events newsletter