Les and Simon are a couple of “Stock Capitalists” that scour thru literally hundreds of stock market related sites, newsletters, e-mails, blogs, etc… and “siphon” out great ideas, quotes, recommendations, and stock market related information. They have been trading the stock market for more than 20 years and offer some of their insight and best articles of interest.
Fed and Six World Central Banks Make Emergency Rate Cut
16th October 2008 by Simon Comments OffFed and Six World Central Banks Make Emergency Rate Cut October 8th, 2008 The US Federal Reserve and six other central banks cut their overnight lending rates by 50 basis points, over concern about weakening economic conditions. Bonds, following stock market skepticism over the move, were down despite the cut, pushing rates higher by about .25 the the price. Sphere: Related Content