Shenziasshole you have no idea of what that Black box warning mean. Probably you are one of that scared kids who needs some Halloween candy...... say I need " Trick or Treat "
Oct. 29, 2014 11:47 a.m. ET
Former Federal Reserve Chairman Alan Greenspan said Wednesday that the Fed’s bond-buying program, which aimed to lower unemployment and spur stronger economic growth, fell short of its goals.
Mr. Greenspan’s comments to the Council on Foreign Relations came as Fed officials were meeting in Washington, D.C., and expected to announce within hours an end to the bond purchases.
He said the bond-buying program was ultimately a mixed bag. He said that the purchases of Treasury and mortgage-backed securities did help lift asset prices and lower borrowing costs. But it didn’t do much for the real economy.
“Effective demand is dead in the water” and the effort to boost it via bond buying “has not worked,” said Mr. Greenspan. Boosting asset prices, however, has been “a terrific success.”
Mr. Greenspan, who ran the Fed from 1987 to 2006, was generally downbeat on the economy and the state of central bank policy around the world. Once lauded as the “The Maestro” for his stewardship of central bank policy, he has come in for criticism for his handling of monetary policy during the housing market bubble that burst and was followed by the most severe financial crisis and economic downturn since the Great Depression.
Asked whether he regrets not doing more with Fed policy to stop the financial-market bubbles that preceded the crisis, Mr. Greenspan said “no.”
He observed that history shows central banks can only #$%$ bubbles at great economic cost. “It’s only by bringing the economy down can you burst the bubble,” and that was a step he wasn't willing to take while helming the Fed, he said.
The Fed has held its benchmark short-term interest rate near zero since the crisis in an effort to spur economic activity. Many investors believe the central bank will start raising rates in the middle of next year, a view some top officials have encouraged.
The question of when officials should begin raising interest rates is “one of thos
FDA fast-tracked approval for the vaccine using the "accelerated approval regulatory pathway."
According to the FDA, accelerated approval allows the agency to reduce the time it takes for needed medical products to become available to the public if evidence is able to predict the product's clinical benefit.
Phase II Study of Rindopepimut (CDX-110) in Patients With Glioblastoma Multiforme (ACT III)
Study Start Date: August 2007
Estimated Study Completion Date: December 2014
Belviq and Qsymia were designated controlled substances by the Drug Enforcement Administration, which limits how broadly they can be used, where as Contrave is not DEA-scheduled, meaning doctors can hand out samples
The news appears to have surprised investors despite Celldex's deep ties to Medarex, a company bought by Bristol-Myers for more than $2 billion in 2009.
Bristol's up-front payment was small relative to upfront payments made by big pharma and big biotechs in the past year, but the real benefit to Celldex is in the renegotiation of its license with Medarex and the potential to cozy up more closely with Bristol's promising oncology business.
Celldex was among last year's top performers, running more than 200% higher on enthusiasm for rindopepimut, a drug in phase 3 trials for a form of brain cancer that occurs in 30% of cases.
Orexigen expects to end 2014 with approximately $190 million in cash......
10% Weight loss WITHOUT ANY SIDE EFFECTS is Orexigen - Empatic - Now this is a real break through.
Phase 2b clinical trial of Empatic, patients taking 360 mg of zonisamide SR and 360 mg of bupropion SR who completed 24 weeks of therapy (n=66) lost 9.9% of their baseline body weight, compared to 1.7% for placebo patients who completed 24 weeks of therapy (n=72, p
AUY better ask Chilean government to close the operation laid off workers instead paying so much levy .
Home Merk Insights October 29, 2014
Greenspan: Price of Gold Will Rise
Axel Merk, Merk Investments
October 29, 2014
Q: Why do central banks (still) own gold?
Greenspan: “This is a fascinating question.”
He did not answer the question, but he did point out: “Gold has always been accepted without reference to any other guarantee.”
While Greenspan did not want to comment on current policy, he was willing to give a forecast on the price of gold, at least in a Greenspanesque way.
Greenspan: Price of Gold will rise
Q: “Where will the price of gold be in 5 years?”
Q: “How much?”
When Greenspan was done talking, I gasped for air. I’ve talked to many current and former policy makers. But at best they say monetary policy is more difficult to conduct when fiscal policy is not prudent. It appears Greenspan has resigned himself to the fact that it was his role to facilitate government policies.
AUY lost equity by 40% from last earning call ! even Gold price is not that low.
Earning loss of $0.01 per share ( Nothing when you compare increased production but lower GOLD PRICE) but anyway AUY - Shorted to extent of 40% loss in value - How that will be covered?
Many billionaire have lost their bet in recent past, so common people can win.