Thursday, 22 October 2009

Market Movers

Archive

Stocks lower in opening moments of trading

  • AP
  •  
  • 10/22/2009 08:45 AM

Oil slips below $81, retreating from 2009 high

  • AP
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  • 10/22/2009 07:24 AM

Quotable

“What other central banks have been doing must be reversed. I am very sceptical about the extent of the Fed’s actions and the way the Bank of England has carved its own little line in Europe… Even the European Central Bank has somewhat bowed to international pressure with its purchase of covered bonds.  We must return to independent and sensible monetary policies, otherwise we will be back to where we are now in 10 years’ time.”  Angela Merkel, German chancellor, June 2, 2009



Commentary

Credit Bubble Bulletin

by Doug Noland | Oct 16

Clinging to Misguided Monetary Mentalities

On the back of dollar weakness, crude oil caught a bid and the commodities rally gained a head of steam. 

Read more

The Bear's Lair

by Martin Hutchinson | Oct 19

Rent-seekers' Nirvana

Goldman Sachs' income from trading and principal investment rose 90% in the third quarter, while allocated remuneration per employee soared 46% to $527,000 in the first nine months of 2009.

Read more

Featured Commentary

by Peter Souleles | Oct 21

Cascading theft … compounding misery

War, the banking system, government and conspicuous consumption conspire to steal away Americans' future.

Read more

Guest Commentary

by Michael Pento | Oct 20

Building the labor force with forced labor

Government jobs, a road to bigger economic woes

Read more



Commentary

Credit Bubble Bulletin

By Doug Noland | Oct 16

Clinging to Misguided Monetary Mentalities

On the back of dollar weakness, crude oil caught a bid and the commodities rally gained a head of steam. 

Read more >

Guest Commentary

By Michael Pento | Oct 20

Building the labor force with forced labor

Government jobs, a road to bigger economic woes

Read more >


The Bear's Lair

By Martin Hutchinson | Oct 19

Rent-seekers' Nirvana

Goldman Sachs' income from trading and principal investment rose 90% in the third quarter, while allocated remuneration per employee soared 46% to $527,000 in the first nine months of 2009.

Read more >

Featured Commentary

By Peter Souleles | Oct 21

Cascading theft … compounding misery

War, the banking system, government and conspicuous consumption conspire to steal away Americans' future.

Read more >