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Economy
In reply to the discussion: STOCK MARKET WATCH -- Monday, 24 September 2012 [View all]xchrom
(108,903 posts)12. GLOBAL GROWTH FEARS CREEP INTO FINANCIAL MARKETS
http://hosted.ap.org/dynamic/stories/W/WORLD_MARKETS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-09-24-06-41-38
LONDON (AP) -- Global financial markets drifted lower Monday as investors' growing concerns about the state of the global economy offset any remaining optimism over central banks' stimulus efforts.
Stocks have risen in recent weeks as the U.S. Federal Reserve and monetary authorities in other major economies announced measures to support economic activity. The European Central Bank unveiled a new plan to restore investor confidence in the government finances of the 17-country eurozone.
The latest indicators, however, suggest the global economy is still slowing down and will take some time to recover.
On Monday, Germany's Ifo index of business confidence fell for a fifth consecutive month, evidence that even the continent's largest and so far strongest economy is suffering headwinds.
LONDON (AP) -- Global financial markets drifted lower Monday as investors' growing concerns about the state of the global economy offset any remaining optimism over central banks' stimulus efforts.
Stocks have risen in recent weeks as the U.S. Federal Reserve and monetary authorities in other major economies announced measures to support economic activity. The European Central Bank unveiled a new plan to restore investor confidence in the government finances of the 17-country eurozone.
The latest indicators, however, suggest the global economy is still slowing down and will take some time to recover.
On Monday, Germany's Ifo index of business confidence fell for a fifth consecutive month, evidence that even the continent's largest and so far strongest economy is suffering headwinds.
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Feast of Fools How US Democracy Became the Property of a Commercial Oligarchy By Lewis H. Lapham
Demeter
Sep 2012
#3
Somebody dumped a lot of paper (ETF's) to depress the gold and silver markets.
westerebus
Sep 2012
#31