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Wednesday, September 25, 2013

Monetary

News                                                                                                                             
WSJ | IMF Calls for Euro Zone to Create Central Budget Authority
The International Monetary Fund in a report Wednesday called for the euro zone to create a central budget authority to help absorb the shock of future economic crises that hit one part of the single currency area but not others.
Washington Times | Fed concerned about early trading after its recent meeting
The Federal Reserve is concerned about suspiciously heavy trading of gold futures after its meeting last week that may have been triggered by a premature release of market-sensitive information.
CNBC | Did the Fed just pop the stock market bubble?
You know it's a rough market when even Warren Buffett can't find a bargain. History's most famous value investor told CNBC a few days ago that stocks are now "fairly priced" and that a good buy is hard to find.