Investing

Fed Expands Bond Buying to Now Include Junk Bonds

Junk Bonds

The Federal Reserve normally confines its bond buying to U.S. treasuries, and its buying corporate bonds is a big departure. Buying corporate junk bonds is even more so. The Federal Reserve Bank of the United States normally only seeks to manage the economy by taking actions that either increase or decrease the country’s money supply, […]

GM Gets Downgraded, Stock Rallies by 9%

General Motors

Stocks usually go down after being downgraded by analysts, so GM stock gaining 9% after a downgrade seems very strange. These are not normal times though. It’s been no secret that the automotive sector has fallen upon hard times, at least with the stocks in the sector. It is not enough for a company to […]