Upbeat earnings from Deere & Co. and a better-than-expected housing report are sending stocks modestly higher in early trading.
Overseas markets are also rising Wednesday following improved earnings in Europe from companies including French bank BNP Paribas.
The report on housing construction and Deere’s results should keep traders focused on the U.S. economy for at least another [...]
Posts Tagged ‘bank lending’
Stocks rise on upbeat earnings, economic reports
February 17th, 2010 by HardMoney Writer
Tags: bank lending, Dow Jones Industrial, housing market, investors, stocks rise, US Economy
more...Why the Fed Will Be Sidelined in 2010
December 22nd, 2009 by HardMoney Writer
The release of the Non-Farm Payroll Report for November along with the latest inflation data from the Bureau of Labor Statistics placed further into question the Federal Reserve’s free money policy. The spate of less bad news on the economy and increases in certain price levels has brought some of the bond vigilantes back from [...]
Tags: bank lending, central bank, Federal Reserve, hard money, interest rates, investors, lender, loan, Mortgage Backed Securities, mortgage issuance, mortgage loan, real estate