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What the German minister is stating is the Federal Reserve is planning on printing more money and purchasing US Treasuries (asset purchases), which will devalue the dollar against other globe currencies. We will discover out for certain on November third from the Fed if this is the situation.
The modest actions Friday could simply be that traders are "a little little bit exhausted," said Paul Zemsky, head of asset allocation at ING Investment Administration. "The fundamentals would show we ought to be higher." Stocks have been on a regular climb for almost two months. A pause, especially following strong earnings the previous few times, "is absolutely all-natural and perhaps even expected," Zemsky stated.
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