A second Fed official says wants to pare asset purchases
LANCASTER, Pennsylvania (Reuters) – A second Federal Reserve policymaker is calling on the U.S. central bank to begin tapering the amount of bonds it is buying. Philadelphia Fed President Charles Plosser said on Wednesday the benefits of the so-called quantitative easing program, which snaps up $85 billion in assets per month to promote investment and economic growth, are “meager” and outweighed by the potential costs of such aggressive policy easing. …
http://news.yahoo.com/second-fed-official-says-wants-pare-asset-purchases-140618567–business.html
Peter Schiff And The Coming Housing Collapse: The Fed, Instead Of Lehman, Owns The Mortgage Market
With market participants cheering a new all-time high in the Dow Jones, one man is predicting this “misplaced optimism” will lead to a “worse collapse than in 2008.”
http://www.forbes.com/sites/afontevecchia/2013/03/05/peter-schiff-and-the-coming-housing-collapse-the-fed-instead-of-lehman-owns-the-mortgage-market/
US stock market isn’t the only one racing ahead
LONDON (AP) — U.S. stocks are not alone in racing ahead this year. Many markets in Europe and Asia are trading at multi-year highs, too, in part because of Wall Street’s rally.
http://news.yahoo.com/us-stock-market-isnt-only-one-racing-ahead-214429006–finance.html