Further rate cuts and likely monetary easing will only devalue the euro more.
But whether or not this important turnaround will boost consumer confidence remains to be seen.
A viable way to access working capital.
Rally gains as S&P, Nasdaq, and Dow all close up more than 1%.
Monetary policy increases banks' reserve balances but does not create dollars.
Cuts from the sequester are hitting hard between our borders, while foreign aid gets a free pass.
Some patterns in key sectors suggest a deeper correction.
Government policy needs to focus on growth again.
Rising productivity contributes to economic growth and stability -- though not at present.
Uptrends are good to note and trade against but also important to respect.