Wednesday, August 10, 2011

Tackling stock market turbulance

On Tuesday the Federal Reserve announced it would keep interest rates low over the next two years in an effort to rejuvenate the stock market. Today Fed Chairman Ben Bernanke dropped by the White House for his third meeting this year with the president.

For the past several days, investors have suffered a roller coaster ride and a stock market slump. When Standard and Poors downgraded the U.S. credit rating, it just added to fretful times. When the The Dow Jones Industrial average dropped 600 points in one day, it was enough scare anyone. Factor in new concerns about Europe's debt crisis. Suddenly, it's as if the stock trading world went from bliss to distress at the flip of a switch.

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Interested in taking control of your financial future? Add Firstrade to your team.

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