Can the Financial Market stay positive? |
The Federal Reserve is doing its best to prevent the financial markets from falling any further. In the meantime, Gold (+6.32%) and Silver (+6.59%) prices are climbing, and it seems that the commodity market as a whole is slowly showing signs of improvement. Will these latest steps finally wake up the US economy?
After the Fed said that it would buy assets “in the amounts needed” in order to support smooth market functioning and effective transmission of monetary policy, the US market responded positively today (e.g. Boeing +16.19%, Chevron +15.71%). Worldwide market analysts are considering this move to be a serious breakthrough.
Do you think it will provide the necessary boost? |
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