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Recommended Stocks & Mutual Funds in the News

Below are updates of our recommended stocks and mutual funds as well as market news.

10/07/2008 --- Bold Move By Fed To Offer Short-Term Loans To Businesses

Today the Fed announced an unusual plan to free up the credit markets. Non-financial businesses can now get short-term financing (via "commercial paper") from the Federal Reserve. Commercial paper is a way of borrowing money for short time periods, as short as overnight but often as long as three months. This will help businesses to finance their day-to-day operations. It also gives these businesses an additional source of loans other than financial institutions and investors Both groups have recently been hesitant to buy commercial paper.

"This should encourage investors to once again engage in short term lending in the commercial paper market," the Fed said. "That should eventually spur financial companies to lend to each other and to their customers, including consumers."

This should help speed up the government's effort to get the credit markets flowing again.


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News About Recommended Stocks, Mutual Funds, & Events on Wall St.
(Complete Article List)

08/19/2019

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03/12/2019

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12/24/2018

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10/22/2018

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09/10/2018

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07/23/2018

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05/21/2018

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05/21/2018

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05/21/2018

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05/10/2018

Three Stock Ratings Changed, Including Two "Strong Buys"

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04/23/2018

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02/28/2018

One Stock Rating Changed To "Buy"

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01/22/2018

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12/25/2017

One Stock Rating Changed To "Buy"

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