Posts Tagged ‘Bernanke’

The Holiday Rally turns into a Post-Holiday Hangover

December 1, 2008 - publisher

Courtesy of OTCPicks.com The stock market today suffered one of its worst days since the financial meltdown began, slicing 680 points off the Dow Jones industrial average as Wall Street snapped out of its daydream of a rally and once again...

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Auto Bailout Bill Not Getting Overwhelming Support

November 18, 2008 - publisher

On Tuesday, Treasury Secretary Henry Paulson and members of Congress clashed over the best use for the $700-billion financial bailout fund, with lawmakers demanding money to stem a national wave of mortgage foreclosures. At a House of Representatives Financial Services Committee...

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Stocks Up, Market Searches for a Bottom and the Credit Crunch Starts to Ease

October 20, 2008 - publisher

Written by OTCPicks.com Equity markets had a nice positive day on Monday as credit markets showed signs of thawing. A critical measure of lending between banks, the three-month Libor rate fell significantly providing signs that credit is again beginning to flow...

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Yet Another Bloody Market Day – No Market Bottom Yet – May be a While!

October 15, 2008 - publisher

Written by OTCPicks.com Wall Street had yet another dismal day today as the Dow dropped 733 points as very weak and bleak economic data stoked fear and uncertainty in the markets. Investors are evidently worried that all the U.S. and global...

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