October 9, 2015
Joseph Stiglitz, the Nobel prize-winning economist, said the Federal Reserve should hold interest rates unchanged through 2015 to support the U.S. economy. A slower pace of rate increases seems to be a view shared by analysts.
The costs of imports excluding fuel dropped 0.3 percent in September from the prior month and were down 3.1 percent of the past year, the biggest 12-month decrease since October 2009.
Global stocks, commodities and emerging-market currencies are delivering their biggest weekly gains in years, extending a rally that's added about $2.5 trillion to equities as central banks show no desire to pull back on stimulus anytime soon.
The information represented herein was obtained from various sources, which we believe to be reliable. Neither the information presented nor opinions expressed constitutes an offer to buy or sell any security. And it is not intended to guide the investor on which securities to buy, or when to buy or sell.