Posts Tagged ‘banks’
Dow Live Report week starts wednessday
The week starts with a sideways crawl as investors await a number of reports coming in starting this wednessday. My take on this is that they may be weaker than expected. Time will tell.
On another note, AIG pushed financial shares higher on having closed a deal to let MetLife Inc aquire Alico for 15.5 billion [...]
Dow stumbles on expected Bernanke statements
Checking the live stats on the Dow shows a abrubt dip as Fed Cheairman Ben Bernanke starts to point towards a tighter monetary policy. We all knew it was comeing and so far the ractions are what you might expect. Bernanke´s statement comes at a time when a lot of factors are balancing on the [...]
Senate supports Bernanke for second term
The US Senate has just approved Bernanke for a second term as US Central Bank Captain. With votes of 70 – 30, Republican Ben Bernanke takes on another four-year term as chairman of the Federal Reserve.
The battle and debate over Bernanke has been lively and while he is credited with navigating USA through the economic [...]
Is the Obama Bank Tax the Start of a Makeover?
Dow Jones ended the week sharply down together with the global markets reacting to The Obama Bank Tax. Was that Obama´s fault? Here is what Dow Live Report thinks.
See it this way: the Banks have been blamed for the financial turmoil of last year. Right or wrong, when you identify a culprit society demands punitive [...]
