Restoring Market Liquidity in a Financial Crisis

Speech by Timothy Geithner, FRBNY President and Chief Executive Officer at the Second New York Fed-Princeton University Liquidity Conference today.
The conditions that led to this crisis took a long time to develop and they will take some time to resolve.
The initial spark to the pressures we observe in markets today was the s…
Original Source

  13 December, 2007| Economy | Comments (0) @ 16:01

Fifth birthday of bull run making mutual funds look better than they are

Markets hit rock bottom five years ago this fall. As a result, 5 year returns are currently peaking - making closet indexing mutual funds look pretty smart…too smart….
Original Source: allaboutalpha.com

  13 December, 2007| Economy | Comments (0) @ 1:00

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