NEW YORK ( TheStreet) -- World markets spent the last week trying to make sense of the tightening signals from the central banks of the U.S. and China.The timing of the announcements -- Federal Reserve on June 19, the People's Bank of China on June 20 -- was accidental. The PBOC was merely acting on prior set policy while haplessly watching the news and market updates resulting from Fed Chairman Ben Bernanke's comments the day before. Chinese policy has always been known for its dogged determination to the point of stubbornness.
Uncertainty the New Norm
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.