Is the American Labor Market Finally on the Mend?
The Outlook for Monetary Policy, What's Driving the Economy, and Should We Care About the Sequester
The Motley Fool's Andy Cross and Sam Chandan parse Fed Chairman Ben Bernanke's Humphrey-Hawkins testimony before the Senate. What's the outlook for monetary policy? And what role are low mortgage rates playing in support of the housing market. Sam Chandan adds: We have to anticipate that while rates are very, very low now, over the course of the next couple of years, they are going up; your positioning in the bond market, in terms of your time horizon, becomes very, very important here.
Read a partial transcript at the CNBC website. The video replay of the interview is pending.