dow jones, federal reserve, financial institutions, investors, nasdaq, wall street
The first two days of the week saw Wall Street markets declining significantly, with a noteworthy recovery occurring on Wednesday afternoon. The latest policy statement from the Federal Reserve, backed up by positive remarks from Fed Chairman Ben Bernanke, indicate a commitment from authorities to continue to assist the US economy in its recovery efforts. The Dow Jones industrial average climbed by 178 points, with the S&P 500 rising by 20 points, and the Nasdaq composite surging 33 points, being 1.5 percent, 1.6 percent and 1.3 percent respectively.
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bonds, currency, economies, europe, stocks
Numismatics is defined as the study of currency in all its forms. The term is used to describe the practice of coin collecting as a hobby, as well as the study of money and alternative methods of payment for goods or to settle debts. First used in 1829, the English word numismatics has French, Latin and Greek origins from words meaning coin or of coins.
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companies, google, investment, microsoft, recession, shareholders, united states
In an effort to help the United States to 'climb out of recession', President Barack Obama held a 'CEO Summit' on Wednesday. The meeting, which lasted a number of hours, was attended by the CEOs of twenty companies with significant clout which are reportedly holding cash reserves adding up to around $1 trillion. Topics on the agenda included issues such as education, trade and regulation, with the main focus on getting said cash reserves flowing into the economy primarily through job creation and investment.
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economic recovery, federal open market committee, investors, qe2, supply management
US stock markets traders have some interesting challenges to deal with as we head into a new week, and the second last month of a year that seems to be passing faster than the speed of light. With mid-term election results due on Wednesday, speculation is high as to whether Republicans may take control of either one or both chambers of Congress – House of Representatives and the Senate - and if so, what that would mean to the pace of US economic recovery and the possible effect on markets. There are concerns that if...
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canada, economy, global economy, oecd, united states
With its headquarters in Paris, France, the Organization for Economic Cooperation and Development (OECD) has a membership consisting of thirty-three nations, working together to find solutions to common problems. As outlined in their mission statement, the "OECD brings together the governments of countries committed to democracy and the market economy from around the world to: support sustainable economic growth; boost employment; raise living standards; maintain financial stability; assist economic development in other countries; and contribute to growth in world trade." To this end the OECD provides a platform for representatives of member governments to co-operate...
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dell, hewlett packard, ibm, investors, sectors, technology
As the business world becomes ever more reliant on technology in order to function efficiently and remain competitive, there is plenty of behind the scenes wheeling and dealing going on between major players in this fast-moving sector that investors may want to keep track of. A merger bid by Dell, and the subsequent raising of the stakes by Hewlett Packard, for a company that reportedly has not managed to turn an annual profit since it became a public company three years ago, has been drawing a great deal of interest. The...
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market makers, nasdaq, securities, stock exchanges, trading
With stock exchange transactions taking place in the blink of an eye, market makers play a vital role in trading by being ready at any given moment of a trading day to buy or sell at publicly quoted prices, thereby linking sellers and buyers. These broker-dealer firms accept the risk of holding a predetermined number of shares in a chosen security, thereby facilitating instant trades in that security. Market makers trade in an environment of vigorous competition for customer order flow. As the term suggests, market makers create a market by...
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economic sector, financial institutions, institutional investors, sec, securities, united states
Banks, retirement funds, pension funds, mutual funds, hedge funds and insurance companies are some of the financial institutions which pool large sums of money to invest on behalf of others. Referred to as Institutional Investors, these funds are generally subject to more lenient investment regulation because they are deemed by authorities to be experts in their field. This limited regulation comes into play, for example, when Institutional Investors participate in private placements of securities which are not subject to the full might of securities laws. In the United States, private placements may be made...
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