Economy

As Fed winds down quantitative easing, investors' behavior indicates pessimism on economic growth and more fear of rate hikes than of inflation.

Draghi says European Central Bank will embark on purchase of asset-backed securities, with details to be announced in October.

Draghi says European Central Bank will embark on purchase of asset-backed securities, with details to be announced in October.

European Central Bank takes economists by surprise in cutting interest rates on threat of deflation.

European Central Bank takes economists by surprise in cutting interest rates on threat of deflation.

Unseen price pressure that may be a predecessor to inflation.

Unseen price pressure that may be a predecessor to inflation.

There are similarities between current stock market trends and the dot-com rally of the late '90s, but valuations aren't nearly as high.