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«AgroInvest» — News — Supportive monetary policy

Supportive monetary policy

2012-03-27 12:58:59

Ben Bernanke, Chairman of the Federal Reserve System signaled supportive monetary policy will remain even though the job picture has begun to
improve with major indices immediately reacting with short gains over the trading sessions. Bernanke's comments came as investors try to gauge
how much longer a nearly six-month rally in stocks will last and reinforced the view that further quantitative easing, or QE3, from the Fed may be
possible. With stimulus from the Fed and an improving economy, the climate for stocks is even friendlier.

AgroInvest comment: Indices closed with positive numbers at the end of the week with UAIndex gaining 0.73%.
 

 

 

AgroInvest