By Ryan Vlastelica
NEW YORK (Reuters) – Stocks fell for a second straight day on Tuesday after the Federal Reserve gave no hints of new stimulus measures to offset the effects of the worsening European debt crisis.
Though the Fed did leave the door open to further easing next year, as it has done after recent meetings, it gave no indication it was any more inclined to provide new economic stimulus.
The Fed left monetary policy on hold and said financial market turbulence posed threats to economic growth. It also characterized the U.S. economy as expanding moderately despite an apparent slowing in global growth, though it added that unemployment remains elevated and housing activity depressed.
The Fed “gave the economy a very slight upgrade, but it sort of took the wind out of domestic equities, probably because some were hoping that they would hint at another -like program,” said Robert Phipps, a director at Per Stirling Capital Management in Austin, Texas.
Looks like Lebron James is making a wise investment in sports.
As quoted on Yahoo.com
LeBron has said for years that he wants to become a global icon on the order of Michael Jordan. And while reaching that level of fame will probably always depend most on whether or not he becomes an NBA champion several times over, business decisions like this one (and, in a more minor sense, the web cartoon series he premiered Wednesday) position him to reach out to an unprecedented number of fans. In return, he will likely help give Liverpool a larger profile among budding fans of European football in America.
Connect with me on Twitter – Brett Maas
Hey guys thanks for visiting one of my sites. I just wanted to create a list of websites and social profiles you can connect with me online.
Here it goes.
Brett Maas dot com
Brett Maas dot org
Brett Maas Blog
Brett Maas Linkedin
Brett Maas Facebook
Brett Maas Twitter
Brett Maas Reunion
Brett Maas Fanster
Any other sites you would recommend?
NY Giants put a smack down on the Dallas Cowboys eventhough at first they stumbled. After seeing the New York Giants play last night I really think they are going to make a run for the superbowl and they are the best in the NFC.
Also, it looks like we could end up having a NY/NY Superbowl 2011 with the New York Jets looking like the best team in the AFC.
What do you think?
Remember to connect with me.
It’s fairly clear by now that Verizon is dead set on gaining on AT&T through any means possible. If that means matching some of their services, so be it. And in other instances, this means copying services completely. GigaOm reports that Verizon is looking to bring live TV to iPad users here in the near future.
Check out the link here
Also, connect with me here:
Hat Tip to ABC 15
PHOENIX — When it comes to housing, whether it’s in the Valley or around the nation, the biggest question out there is: when is the market going to recover?
Money Magazine has a prediction that may surprise you.
Arizona is listed as one of the top five worst markets and they are forecasting a recovery date of 2034.
Oklahoma 6% of homeowners underwater, Recovery forecast 2009
New York 6% underwater, Recovery forecast 2016
Montana 7% underwater, Recovery forecast 2012
N.Dakota 8% underwater, Recovery forecast 2013
Alabama 9% underwater, Recovery forecast 2013
Nevada 70% underwater, Recovery forecast 2033
Arizona 51% underwater, Recovery forecast 2034
Florida 48% underwater, Recovery forecast 2031
Michigan 39% underwater, Recovery forecast 2022
California 35% underwater, Recovery forecast 2028
Read More here
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