Obama becomes president - Dow Jones goes down

Yesterday Barack Obama became the 44. US President. However, his speech during the ceremony disapointed many observers - and the financial market seems to be a little disapointed as well. Obama represents hopes of many Americans, but for the market hope is not enough at the moment. Obama did not try to convince his fellow citizens, [...]

US interest rates reaching ZERO - can FED do anything else?

FED decided few days ago that the interest rates will be between 0-0.25%. In fact, it means that USA have ZERO interest rates. Now USA are the second big nation with such low rates (the second one is Japan - Japanese have had almost zero interest rates for several years now). Now FED has done everything [...]