Scoreboard: Fed standby

Wall Street edged lower ahead of the Fed's taper decision, while positive German data failed to quell a European sell-off.

T’was the night before the Federal Open Market Committee and all through the house… Okay it wasn’t that bad but the fact is everyone is waiting for the Fed and so it was quiet. The stockings are hung, everyone is waiting for St. Ben and I think he will deliver. Not a taper mind you, just another $85 billion of printed money. I mean it’s just money right? And you can print that stuff forever – and as much as you want, according to economists. The only question being why no one has ever thought of it before – the genius! We could solve world poverty with these new ‘economic tools’. But then starving people aren’t banks in need I guess.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed…

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles