Posts Tagged ‘politics’
Do stock charts reflect Bernanke’s popularity?
The Dow Jones takes another hit as we dip under the 12000 point level. There is a lot of talk about whether this is all Bernanke´s fault or not but when the system essentially says “We don´t know what is causing this..” you can safely bet that things will be getting worse. On the topic [...]
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 [...]
Asia down oil up and Bernanke in congress
The Dow and most markets have a faltering week as continued signals of recessive difficulties come to light. Tuesday saw Dow Jones Index be a bit stronger with a drop in barely 1 percent compared to S&P500 and Nasdaq stepping down around 1.3 percent. Closing at 10.282 on Tuesday, The Dow remains close to the [...]
