Browsing Tag

monetary policy

The Swiss get on the QE2

Apparently, the Swiss franc is too high -- or so says the Swiss central bank. As a result, they are selling francs in the foreign exchange market to get the franc to come down. There has been a lot of speculation about the Swiss and their…

Bank stocks under $10 a share

An ugly day in the markets has just ended with the financial services sector taking a beating in particular. Many shares in the sector trade for under $10. Bottom fishers might see this as a buying opportunity. Is it?

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