Mathematical finance
Europe Considers Banning Short Sales on Stocks
European Securities and Market Authority is considering recommending a temporary ban on negative bets against stocks. The ban would be temporary to ease this period of market volatility. This comes on the heels of escalating financial concerns in Europe. The European markets are down this morning in reaction to a report showing Greek unemployment at 16.6 […]
Top of the Hour: Fed to Keep Interest Rates at Record Low, Morning Headlines
After a wild and volatile day of trading, the stock market experienced its largest single-day gain yesterday since May 2010 as investors responded to the Federal Reserve’s announcement that it will keep interest rates at a record low “at least through mid-2013.”
Casualties of Low Interest Rates: Savers
[waitingforcorrection: no audio attached, invalid GUID] Interest rates have been at rock bottom since 2008, to try and give the slumping economy a boost. With the country in the worst recession since the Great Depression, the Federal Reserve’s plan was to keep interest rates close to zero percent to promote investing and borrowing from people. […]