P!
“driven by the bank runs in Europe...”
What the...?
Yes, it’s Europe and the “global economy” line again.
Perhaps the market is reacting to our incompetent President and Bernacke’s statements yesterday? Nah, couldn’t be, it must be Europe (again).
BULLSHIT. Off because of the horse's asses in Washington...particularly in the white house.
I got out of the market 2 years ago. I figured that as long as Obozo was in the White House, the markets were going to suck. I’ll get back in when a Republican wins next year.
Everyone all over the globe are making moves that say panic. 350 down on the Dow seems mild.
burp europe.
***...and some of the European banks are rumored to be looking in the Middle East for capital***
Why would that be? Just the other day several central banks told them they could have all the dollars they want for the next three months.
Which story is untrue?
After a volatile month you can always expect an aftershock on expiry as hedges are rolled and players try to manipulate the market towards open interest.
The b.s. rationales put forward by financial journalists and pundits always make me chuckle.
Press that pantsuit Hillary – you’re up!
Today, it continues to slide, but not because of Europe, because our Goobermint refuses to face the music and stop juggling credit cards like a junkie.
This Administration reminds me of the Palestinians, they try and kill their neighbors everyday, and blame the “failure of the peace process” on someone else.
Clue, Peace is not a process, just like fiscal responsibility is not a process. You either have peace, and security, or you don't. And it is directly related to your actions, not processes, or republicans, or tornado's, or earthquakes or tea parties.
If the politicians would get back to being the representatives of the desires of the people as they were hired to be, instead of corporate whores and influence peddlers, the DOW would take off like a rocket, and America would once again be the lead of Nations. What is wrong with the DOW is not America, its the corruption of a few people in power that is dragging the whole Nation down the toilet.
Markets at intra-day lows now, Dow off 441.
Oil about to go below $80. Yield on 10-yr note at all-time low.
Deflationary depression coming??
Five Stocks paying a 5% dividend yield
http://seekingalpha.com/article/295172-5-utility-stocks-yielding-5-or-more?source=yahoo