Australian (ASX) Stock Market Forum

So heres to dreaming of some Bad economic news from the US tonight

numbercruncher

Beware of Dropbears
Joined
12 October 2006
Posts
3,136
Reactions
1
So i guess when your all tucked up in bed tonight youll be dreaming of US bankruptcy announcements, profit warnings and the likes ?



LONDON (CNNMoney.com) -- U.S. stocks are likely to take another pounding Thursday, even as Treasury Secretary Henry Paulson attempted to alleviate fears about the economic fallout from the turmoil.

At 4:31 a.m. ET, Nasdaq and S&P futures were lower, with a comparison to fair value pointing to a negative start for Wall Street.

http://money.cnn.com/2007/08/16/markets/stockswatch/?postversion=2007081604


:banghead:


I guess if they freely hand out money to a bunch of Muppets* bad things are bound to happen ....


*Thanks to whom ever it was thats got me onto that word btw :)
 
Re: So heres to dreaming of some Bad economic news from the States tonight ...

So i guess when your all tucked up in bed tonight youll be dreaming of US bankruptcy announcements, profit warnings and the likes ?





http://money.cnn.com/2007/08/16/markets/stockswatch/?postversion=2007081604


:banghead:


I guess if they freely hand out money to a bunch of Muppets* bad things are bound to happen ....


*Thanks to whom ever it was thats got me onto that word btw :)
I don't really understand the details of the FED "handing out cash", 2+ billion eh? How does the FED do this?

Also, does anyone think the media is giving this too much hype? Is is it bad as they say? Appearently the FED etc have NO IDEA!, NO IDEA! hahaha
 
They have NO IDEA how bad it is out there!!!! NO IDEA, and bear he has NO IDEA!!!!!!
 
They loan it to keep things flowing, its merely a data entry on a computer thats has to be repaid from the borrower (bank).

I dont think the US gives money supply figures any more ? So they must be pumping in trucks loads. Dropping it from helicopters i think the punters say (>:
 
Top