Contact Us
Make My Homepage

Stock Market Concerns Over Fed Meeting This Week [AUDIO]

Stocks rose Monday as the street of dreams tries to anticipate whether the Federal Reserve will start to wind down its economic stimulus program.

Spencer Platt, Getty Images

The Fed meets today and Wednesday. High on the agenda will be deciding about the future of so-called “Quantative Easing,” which has been helping the economy recover from the worst recession since the 1920′s.

Some investors are nervous, says Ken Kamen of Mercadien Asset Management in Mercer County.

“So everyone’s waiting with their finger on the trigger, waiting for that signal that it’s time to pull the trigger. So that explains a lot. Listen, markets have so much to do with perception and human emotion.”

But Kamen says long term investors should not fear the end of the Fed’s stimulus so long as most of the economy’s other fundamentals remain strong.

The Dow Jones Industrial average rose 110 points on Monday.

While the two-day meeting begins today, the real bottom line of what, if anything they decide upon isn’t likely to happen until Wednesday afternoon.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Best of the Web


Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://nj1015.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!