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‘Market Bloodbath’ Looming?

The outlook doesn't look good for investors as higher interest rates and evaporating liquidity will trigger big market swings that could prove catastrophic, according to the Institute of International Finance, the Telegraph reports.

Fed's Underlying Message a Bad Signal

The euphoria with which investors in the stock market greeted the Federal Reserve's decision to stick with its easy-money policy has begun to evaporate, Reuters reports, as the message the Fed was sending about a less-than-stellar economy sinks in.

Snow, Ice Cover Will Boost Great Lakes Levels

Water levels in the Great Lakes are expected to continue a steady recovery this year, thanks to widespread ice cover that is slowing evaporation and snowfall that has approached record amounts in some cities, the Associated Press reports.

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