Bills Yielding Zero as Stocks Soar Give Investors Bernanke Moment of 1938 For the first time in seven decades,
Treasury bills are paying no interest while stocks continue to
appreciate -- a divergence in U.S. financial markets that might
be perilous if Federal Reserve Chairman Ben S. Bernanke didn’t
know all about 1938.
Caterpillar Beating Komatsu as Dow Industrials Soar on Dollar Index Drop For the first time since the equity
rally began in March, the biggest U.S. stocks are beating the
smallest as the dollar’s descent sends investors to companies
with the most business in international markets.
Existing U.S. Home Sales Jump to Highest Level Since 2007 on Tax Incentive Sales of existing U.S. homes jumped
10 percent in October to the highest level since February 2007
as Americans rushed to take advantage of a tax credit, cheaper
properties and lower mortgage rates.
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