Monthly Archives: August 2011

Mutual Funds Face Curbs On Using Derivatives In Proposed Regulations

The U.S. Securities and Exchange Commission is poised to take the first step toward writing new regulations on derivatives investments by mutual and exchange traded funds, which hold trillions in assets. U.S. mutual funds had $12.2 trillion in net assets … Continue reading

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Fixed Mortgages Hit 2011 Record Low – Could Mortgage Rates Go Lower?

Mortgage rates hit an eight-month low and are within striking distance of the lowest rates since World War II. Freddie Mac issued its weekly rates report. It told us that 30-year fixed-rate mortgages (FRMs) averaged 4.39%, down from 4.55% the … Continue reading

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U.S. Market Is Healthy And We Have No Reason To Change The Rating

Rating agency Fitch has left the United States the highest possible rating of AAA. U.S. economy described as flexible, healthy and well diversified with a flexible exchange rate and interest rates, which enable a country to overcome market shocks. The … Continue reading

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Warren Buffett calls for higher taxes on mega rich people

Investor and billionaire Warren Buffett has called on U.S. lawmakers to raise taxes for the ultra-rich and thus help to reduce the budget deficit. “My friends and I have long been spoiled by Congress, which came to meet us. While … Continue reading

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Energy Stocks Join Broad Market Pullback Crude Oil

Energy stocks fell on Tuesday August 16, 2011, backing down along with the rest of the equities market from the previous session’s strong gains. Meanwhile, crude oil for September delivery was a barrel at $86.82 in New York after data … Continue reading

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Gold prices hit record USD 1770 per troy ounce

The uncertainty on the further development of the debt crisis in Europe and the United States along with the sell-off in equity markets are going to the rainbow gold price. For the first time reached the limit of $ 1,770 … Continue reading

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Stocks fall as US investors join global sell-off after S&P downgrade

Dow index is down by hundreds points. The U.S. stock market joined a sell-off around the world Monday in the first trading since Standard & Poor’s downgraded American debt. Monday was the first chance for global and american investors to … Continue reading

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