By the same token, a sharp fall on Wall Street may be less of a worry.
There is, of course, a risk that a rise in rates might instantly trigger a sharp fall on Wall Street, bringing America's economy to a grinding halt and thus harming the world too.
This multilateral support has halted the peso's sharp depreciation and calmed Wall Street.
Beyond that point, however, the distinctions between Schwab and older Wall Street firms become less sharp.
All of this was entirely predictable since February when we warned of a sharp slowdown in the economy, while Wall Street was talking about a good recovery.
Circuit City said Monday it earned six cents a share for the latest quarter, two cents better than Wall Street estimates and a sharp turnaround form last year's three cents a share loss.
After another sharp drop in financial stocks Wednesday and suggestions by a top Wall Street executive that share prices were being manipulated by short sellers, the Securities and Exchange Commission will try to force hedge funds to disclose their short positions.
Wall Street is itchy to believe this scenario: a sharp decline and then a sharp recovery.
Regulators and prosecutors have come under sharp criticism by some including lawmakers over the lack of prosecution of Wall Street firms and executives since the crisis.
The Wall Street Journal recently reported that Apple is working with Sharp (OTC: SHCAY) and Hon Hai Precision (better known as Foxconn) to produce a prototype, flat-screen HD TV, but it is unclear how far along Apple is in the process.
FORBES: Is Apple Finally Going To Announce The Apple TV In 2013
Strapping on its surgical gloves, the Federal Reserve offered Wall Street a new way of opening markets, causing a sharp jump equities and bond prices.
The President said that his singular focus was getting Americans back to work in an attempt to calm the markets after sharp sell-offs in Europe again today and the averages all down on Wall Street in late morning trade on Friday.
FORBES: Obama: Extend Payroll Credits And Unemployment Benefits
Moroney cautions that earnings disappointments by high-flying techs and biotechs could trigger sharp declines in those stocks--a thought echoed by the triumvirate of editors at Wall Street Winners.
In lieu of a rate cut between meetings, the Federal Reserve offered Wall Street a new way of expanding its offerings to boost liquidity, causing a sharp jump in premarket trading.
The rally reflected better than expected quarterly earnings from Wall Street giants Goldman Sachs, Lehman Brothers, and Morgan Stanley, which offset concerns over a sharp fall in the value of the dollar.
应用推荐