U.S. stock market futures point to a higher start for Wall Street on Tuesday, taking a lead from gains in overseas markets, and bolstered by hopes for action by euro-zone officials to battle the region’s sovereign debt crisis.
The Federal Reserve’s latest gambit to stimulate the economy by twisting long-term interest rates lower will not accomplish its objective, writes MarketWatch’s Irwin Kellner..
Ambling into the warm embrace of Kukui’ula’s clubhouse on Kauai’s pristine south shore is to catch a glimpse into how the other half lives. But with the global economy in turmoil and real-estate wounds still festering across the country, there’s trouble in paradise.
MarketWatch
MarketWatch
