Posts Tagged ‘LIBOR’

Thank God October is Over! What Now?

November 3, 2008 - publisher

Courtesy of OTCPicks.com At the end of the day on Friday I walked outside as the closing bell rang and I swear I could hear the universe exhaling with a collective sigh of relief ending one of the most volitile months...

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Earnings Worries, A Soaring Dollar and Plummeting Commodities Rock the Market Again Today

October 22, 2008 - publisher

Written by OTCPicks.com Wall Street had another rough day today with the Dow losing 514 points on worries that the global economy is rapidly weakening. The primary worries have shifted from the credit crunch to worries about corporate earnings as global...

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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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Global Markets Rally with an Impressive Rebound

October 13, 2008 - publisher

Written by OTCPicks.com Stocks around the world experience biggest one day rally in more than 75 years on Monday as the DOW jumps 936 points or 11.6 percent. Morgan Stanley also jumps 87% after nailing down an agreement from Japan’s Mitsubishi...

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