Investors waiting for Fed to print more money.
by Milota Sidorova
I bet there is nobody who will argue the fact the value of money is completely artificial. Its power, market results and long-term economy consequences are backed not by some physical value such as gold or some products, but by their amount. The amount of money makes strong or weak markets. And there are just several institutions in this world that have the right to print more money or on the other hand to decrease their amount. One of them is private Fed. And this institution is currently on focus, since markets or better said investors have put a faith in what's called another money flow input. Fed is expected to prolong the period of favorable business conditions and ! 8222;pour“ more money into the economy. Recent market results only prove this kind of expectation – Dow Jones index ended above 11,000 points last Friday and it was for the first time since May. Investors are expecting Fed will decide for „quantitative easing“ on its next meeting that is scheduled on November 3rd. The reports from job market that is another market shaping factor remain the same – the unemployment holds around 9.6 percent and although President Obama signed announced to release $30 billion and some tax reductions for small and middle businessmen it would take longer period to be reflected in job market. World markets ended up with slight growth, British shares rose 14.79 points, or 0.3 percent, at 5,672.40. Germany's DAX gained 17.84 points, or 0.3 percent, to 6,309.51. The CAC-40 in France got 5.31 points, or 0.1 percent, higher at 3,768.49. Dollar was down against euro last days and euro seemed to gain at least temporal ! growth after months of decrease. But other currencies remain s! peculati ve – many countries tend to lower the value of their currencies just to fix (mean increase) export incomes and sales to keep the image of growing GDP.
related story (sgx18383): http://news.yahoo.com/s/ap/20101011/ap_on_bi_ge/world_market...
| by Milota Sidorova for Cantell TV (http://cantell.tv) |
Cantell TV is the fastest growing provider of digital broadcasting coupled with telecommunications, allowing people to easily control, view, upload and share digital c! ontent through proprietary interface coupled with free phone calls. Cantell TV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers.

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