Posted on July 29th, 2009 in Currency Trading News
Is the Chinese economy in the same state as the American economy was in the summer of 2007? In other words, all pumped up and ready to pop?
Is the Chinese economy in the same state as the American economy was in the summer of 2007? In other words, all pumped up and ready to pop?
Read full story for latest details.
Treasurys fell Wednesday, giving back earlier gains, after the government’s $39 billion auction of 5-year notes received lukewarm demand.
On one hand, Federated Investors’ Market Opportunity Fund had a good year: In a market where nearly every mutual fund got clobbered, it beat 95% of its competitors in 2008 and topped the S&P 500 by an astounding 30 percentage points.
The conventional wisdom about stocks and bonds is that when one goes up, the other goes down. In other words, rising treasury yields — meaning lower treasury prices — should spell trouble for equities