MFS Strategist’s Corner: Six observations for FebruaryNicole Livingston
The US Federal Reserve Board has announced it will keep interest rates low until 2014. Europe’s slowdown or imminent recession seems contained at this point. Everyone has been looking to the European Central Bank (ECB) to pull out the big guns and unveil a US-style TARP like program. The US economy — amid its initial signs of acceleration — stands out among many other regions of the world that are slowing and even faltering at the outset of 2012. As far as earnings go, we are coming to the halfway point in the fourth-quarter earnings reporting season. The US expansion is continuing, and it now has the support of the Fed.