Morgan Stanley Trumpets Health Care Stocks, 9/17/12
Published: Monday, September 17th 2012
Last week, the markets reacted strongly to the Federal Reserve's announcement of a third round of quantitative easing. This week Marek explains what that means and if it's worth anything. Plus, oil prices continue to shoot up with the fighting in the Middle East, and Morgan Stanley trumpets health care stocks, which are usually stable and recession proof.
However, the first few days of this week will probably be pretty quiet because of Rosh Hashanah, with trading expecting to pick back up on Wednesday.
If you have any questions for Marek, he can be contacted through Twitter at @MarekFuchs.
Watch past Wall Street Wrap Up videos here.
Marek Fuchs was a stockbroker for Shearson Lehman Brothers before becoming a journalist who wrote The New York Times' "County Lines" column for six years. Marek speaks regularly on business and journalism issues at venues ranging from annual meetings of the Society of American Business Editors and Writers to PBS to National Public Radio. His last book, A Cold-Blooded Business, was called "riveting" by Kirkus Reviews and next book, Local Heroes: Portraits of American Volunteer Firefighters is due out in 2012. He is on the writing faculty at Sarah Lawrence College. When Marek is not writing, teaching or filming videos, he serves as a volunteer firefighter.