The Fed’s exit strategy uncertainty

US equities have been choppy the last few sessions as economic data has been mixed. After a sharp selloff on Friday, the S&P 500 recovered some of the declines in Monday's session when weaker-than-expected manufacturing data buttressed the belief the Fed will keep its economic stimulus in place. The May US manufacturing ISM printed at a 49%, the lowest reading since June 2009. Again, a reading below 50 represents contraction, while a reading above 50 represents expansion. Many attribute the surprising decline to the impact of the Sequester.

Bridge Bank Provides $6 Million Credit Facility to Fortress International Group

San Jose, CA – May 22, 2013 – Bridge Capital Holdings (NASDAQ:BBNK), whose subsidiary is Bridge Bank, a full-service professional business bank headquartered in Silicon Valley and with offices located nationwide, announced today that it recently provided a $6 million line of credit to Fortress International Group (OTC: FIGI).

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