Jobs, Wall Street, Main Street and your 401K - FOX 35 News Orlando

Jobs, Wall Street, Main Street and your 401K

Posted: Updated:

Murray Feldman, Fox 2 News-Detroit

WHY HAS THE STOCK MARKET HIT NEW HIGHS?

Because the Federal Reserve has been dumping $85 Billion dollars into the financial markets every month. That does two things. It keeps long term interest rates low, so it'll boost spending, housing,etc and stimulate the economy,. but it also  sends investors into in the stock market looking for higher returns than they can get on bonds.. That's what has lifted stocks.

HOW LONG WILL THE FED DO THIS?

Until they see the economy is growing enough on it's own.

ENTER THE LATEST JOBS REPORT; 175,000 NEW JOBS  ADDED IN MAY.

This is not enough to pull us out of the jobs crisis so it is weak. Wall street loves it. It shows some jobs are being created--but not enough to spur 'real' 'significant' growth, which means the Fed will probably keep dumping billions into the market.

Soooooooo... weak news on Main Street turns out to be good news on Wall Street.

WHAT TO LOOK FOR : Signs that the economy is going great guns. When that happens the Fed will begin to ease out of it's stimulus plan. When that happens the winds will change--and good news on Main Street may mean bad news on Wall Street. Your nice 401-K statements may begin look sad.

HOW LONG TILL THAT HAPPENS: Estimates are that it will happen before the end of the year.

  • Murray FeldmanMurray FeldmanMore>>

  • Money Monday: Social media safety

    Money Monday: Social media safety

    Monday, July 7 2014 9:31 AM EDT2014-07-07 13:31:18 GMT
    The internet is like an elephant -- it never forgets. While spoken words leave little trace and are quickly forgotten, written words endure in the online environment. Whatever you post, tweet, update, share -- even if it's deleted immediately afterwards -- has the potential to be captured by someone, somewhere, without your knowledge.
    The internet is like an elephant -- it never forgets. While spoken words leave little trace and are quickly forgotten, written words endure in the online environment. Whatever you post, tweet, update, share -- even if it's deleted immediately afterwards -- has the potential to be captured by someone, somewhere, without your knowledge.
  • Money Monday: No one has a crystal ball on the market

    Money Monday: No one has a crystal ball on the market

    Monday, June 30 2014 10:44 AM EDT2014-06-30 14:44:05 GMT
    Jonathan Citrin of Citrin Group talks about how make investments after so-called experts were flat wrong about predicting how the market will perform.Play the video in the player to see his interview with Murray Feldman.Click here to learn more about the Citrin Group.
    Jonathan Citrin of Citrin Group talks about how make investments after so-called experts were flat wrong about predicting how the market will perform.Play the video in the player to see his interview with Murray Feldman.Click here to learn more about the Citrin Group.
  • A CEO's exit interview: Alan Mulally on his 8-years at Ford

    A CEO's exit interview: Alan Mulally on his 8-years at Ford

    Wednesday, June 25 2014 4:17 PM EDT2014-06-25 20:17:56 GMT
    Five short videos in what could be described as an exit interview to the media.  For business people of all kinds, there is some real insight to be had here as Murray Feldman poses questions that go beyond the auto industry.  Alan Mulally is candid with his answers.
    Five short videos in what could be described as an exit interview to the media.  For business people of all kinds, there is some real insight to be had here as Murray Feldman poses questions that go beyond the auto industry.  Alan Mulally is candid with his answers.
  • Local NewsLocal NewsMore>>

  • Jury acquits man in Eastern Michigan football player death

    Jury acquits man in Eastern Michigan football player death

    Monday, July 28 2014 8:32 PM EDT2014-07-29 00:32:20 GMT
    A jury has acquitted a man in the robbery-slaying of Eastern Michigan University football player Demarius Reed.
    A jury has acquitted a man in the robbery-slaying of Eastern Michigan University football player Demarius Reed.
  • Dearborn man charged with torture, murder of sister

    Dearborn man charged with torture, murder of sister

    Monday, July 28 2014 8:10 PM EDT2014-07-29 00:10:00 GMT
    A Dearborn woman is dead and her own brother is behind bars charged with her murder.What happened in the 7500 block of Bingham street Saturday, still has neighbors wondering, 'why.'"I wept, I cried, it's horrible," said neighbor Virginia Leonard.A brother allegedly strangled his own sister, stabbed her several times, and eventually killing her"I'm sure it's a very horrible thing for that family," Leonard said. "Not only did the parents lose a daughter, they lost basically a son too, and it's ...
    A Dearborn woman is dead and her own brother is behind bars charged with her murder.What happened in the 7500 block of Bingham street Saturday, still has neighbors wondering, 'why.'"I wept, I cried, it's horrible," said neighbor Virginia Leonard.A brother allegedly strangled his own sister, stabbed her several times, and eventually killing her"I'm sure it's a very horrible thing for that family," Leonard said. "Not only did the parents lose a daughter, they lost basically a son too, and it's ...
  • Charges to be determined after teen dies in car crash

    Charges to be determined after teen dies in car crash

    Monday, July 28 2014 7:59 PM EDT2014-07-28 23:59:07 GMT
    Seven teenagers were on their way back from a bonfire late Friday night. A 16-year-old girl was behind the wheel of the Ford Expedition with her mom also in the car.
    Seven teenagers were on their way back from a bonfire late Friday night. A 16-year-old girl was behind the wheel of the Ford Expedition with her mom also in the car.
Powered by WorldNow

35 Skyline Drive
Lake Mary, FL 32746

Phone: (407) 644-3535
News Tips: (866) 55-FOX35

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices