Our Sponsors

  • Bernanke Feels a Need for Reduction In Global Imbalances

    Citibank logo
    Sunday Feb. 20, 2011 at 01:17 pm EST
     
    Bernanke Feels a Need for Reduction In Global Imbalances
    The US Federal Reserve Chairman Ben Bernanke requested countries with large trade surpluses like China and India to let their currencies rise in value to help prevent another global financial crisis in a prepared speech on Friday. He also called on nations with persistent trade deficits like the United States to narrow their budget shortfalls and save more.

    Many countries worry about speculative money flooding their economies and inflating assets like real estate or stocks. However, both steps would help balance trade and investment flows among countries. Given the deep-rooted nature of such a transition, the Fed Chair was quick to note that none of these changes will be easy or immediate.

    Bernanke also said that countries with sizable trade deficits must reduce government spending over time.



    You Might Want to Read These:

    2)Top Stock for the year 2011
    3)Financials with Huge Upside Potential
    4)Major Upgrades and Downgrades




    Markets will be Closed on Monday. Most Popular Stocks this weekend are the following


    Iridium Communications Inc. (Public, NASDAQ:IRDM)
    SIRIUS XM Radio Inc. (SIRI)
    VCA Antech, Inc. (Public, NASDAQ:WOOF)
    Holly Corporation (Public, NYSE:HOC)
    Seacor Holdings, Inc. (Public, NYSE:CKH)
    HealthSpring, Inc (Public, NYSE:HS)
    Valmont Industries, Inc. (Public, NYSE:VMI)
    BioTime, Inc. Common Stock (BTX)
    Suntech Power Holdings Co. Ltd. (STP)
    Aethlon Medical Inc. (AEMD.OB)
    Eldorado Gold Corp. (EGO)



    Top Gainers Friday

    American Public Education, Inc. (NASDAQ:APEI)
    Brocade Communications Systems, Inc. (BRCD)
    Toreador Resources Corp. (TRGL)
    Merit Medical Systems, Inc. (MMSI)
    Alnylam Pharmaceuticals, Inc. (ALNY)
    Southern Community Financial Corp. (SCMF)
    On Assignment Inc. (ASGN)
    Valmont Industries, Inc. (VMI)
    Comstock Homebuilding Companies Inc. (CHCI)
    TechTarget, Inc. (TTGT)
    New Concept Energy, Inc. (GBR)



    Top Losers Friday


    Patterson Companies Inc. (PDCO)
    Zion Oil & Gas, Inc. (ZNWAW)
    TravelCenters of America LLC (TA)
    Pure Cycle Corp. (PCYO)
    Optical Cable Corp. (OCCF)
    EMCORE Corporation (EMKR)
    Spreadtrum Communications Inc. (SPRD)
    China Shen Zhou Mining & Resources, Inc. (SHZ)
    Accuray Incorporated (ARAY)
    Vonage Holdings Corporation (VG)
    Compass Diversified Holdings (CODI)
    Lance, Inc. (LNCE)
    Datalink Corp. (DTLK)
    Merge Healthcare Incorporated. (MRGE)
    Goodrich Petroleum Corp. (GDP)
    Seacor Holdings Inc. (CKH)
    Rosetta Stone, Inc. (RST)




0 comments:

Leave a Reply

Latest Posts