Stocks: Federal Reserve

Federal Reserve: NEW YORK - The dollar gained and global equity markets traded at five-year highs on Monday, buoyed by a benign outlook for stocks as investors awaited a backlog of U.S. economic data that may yield clues on when the Federal Reserve will begin to pare its stimulus program. , according to Reuters. The United States is enjoying moderate growth with tame inflation, a Goldilocks economic climate that is neither too hot nor too cold but has been distorted by the Fed's intervention. By Herbert Lash Wall Street traded near break-even on the realization the U.S. fiscal impasse that was resolved last week by pushing decisions into early next year will likely keep the Fed's bond-buying in place well into 2014, which would be good for stocks. (www.immigrantscanada.com). As reported in the news.