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US Stock Market Starting Recovery?By admin on October 13th, 2008 | No Comments
US Markets should see early recovery this week but don’t think for a moment that it will be a straight up rise. The US stock market will see gains and losses for the next 3 months, but the overall direction will be slowly up. The world markets are reflecting the same as shown below. HONG KONG (AP) — Global stock markets rebounded strongly on Monday after last week’s historic se... -
Government To Buy US Banks?By admin on October 10th, 2008 | No Comments
WASHINGTON (AP) — The government will buy an ownership stake in a broad array of American banks for the first time since the Great Depression, Treasury Secretary Henry Paulson said late Friday, announcing the historic step after stock markets jolted still lower around the world despite all efforts to slow the selling stampede. Separately, the U.S. and the globe’s other industrial powe... -
Stock Market Prepares For Huge RallyBy admin on October 10th, 2008 | No Comments
Stock Market Prepares For Huge Rally Good or bad, the past few weeks have been a ride that some simply wanted to get off. However, like the ride operator always says, “You bought the ticket.” Wall Street and millions of investors are sitting by like leopards in the trees just waiting and watching. Any day their “prey” will come by and they will pounce. Trillions and trillions of dollars ... -
World Stock Markets FallBy admin on October 10th, 2008 | No Comments
World markets continued to spiral downward overnight, with Japan’s Nikkei 225 suffering its worst percentage drop since the crash of 1987. Efforts by central bankers and governments around the world have failed to stop the bleeding in global markets. Reports that the U.S. is considering insuring all bank deposits and backing billions of dollars of bank debt have similarly been unabl... -
Nikkei Market CrashesBy admin on October 9th, 2008 | No Comments
TOKYO, Oct 10 (Reuters) – The Nikkei average tumbled more than 11 percent on Friday, leaving it facing its biggest one-day drop since the 1987 stock market crash on fears the financial crisis will lead to a global recession. While the index later recovered a little, the early stock sell-off led the Osaka Stock Exchange to trigger a circuit-breaker and briefly halt trade in Nikkei futures. &...


