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741-760 of 69565
http://www.cnbc.com/id/101090944 (Count down to Oct 17)
Speaker
John A. Boehner stood his ground on Sunday alongside the most conservative Republicans in Congress, insisting that the House would not vote to finance and reopen the govt or raise the nation's borrowing limit without concessions from President
Obama on the health care law.
With his hard line, Mr. Boehner reaffirmed that the stalemate with the White House over the six-day-old govt shutdown was now compounded by an even more economically risky fight over raising the govt's borrowing limit by Oct. 17 to pay for bills already incurred.
Most of the govt remains shuttered with markets and businesses are growing increasingly fretful over the chaos that could result from the first govt default on its debt.
(
Read more:
When will the next US recession come?)
Lol, pressed wrongly this time can get fine i think. Lol
eurekaw ( Date: 07-Oct-2013 22:07) Posted:
strange...maybe press wrong button...lol
gavinl ( Date: 07-Oct-2013 19:22) Posted:
| I am very surprised to see still got people shorted blumont and liongold |
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he is hoping again...lol
Isolator ( Date: 07-Oct-2013 23:57) Posted:
| My long Dow start to see some green.... Good sign..... Green green closing tonight! Huat la... |
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Stocks fall 1% as debt drama continues
By Maureen Farrell @maureenmfarrell October 7, 2013: 6:11 PM ET
Click chart for more markets data.
NEW YORK (CNNMoney)
The debt ceiling deadlock is finally starting to rattle investors.
During the first six days of the government shutdown, investors had a relatively blasé attitude toward the drama in Washington. But as a critical Oct. 17 deadline approaches, stocks continue to fall.
The
Dow Jones industrial average, the
S& P 500, and the
Nasdaq closed down nearly 1% Monday.
Click here for more on stocks, bonds, currencies and commodities
Congress waiting for a sell-off? Several analysts say that a sharp sell-off in stocks could be the one thing that pushes Congress to act swiftly.
So far, stocks have been holding up pretty well..
" A resilient stock market and a cloudy economic picture increase the risk of an extended shutdown in our view," Bank of America analysts wrote in a report over the weekend.
The
government shutdown is in day 7, and lawmakers appear no closer to resolving the impasse.
Related: Shutdown, debt ceiling uncertainty looms
Sounding the alarm on the debt ceiling: Treasury Secretary Jack Lew said Sunday that Congress was " playing with fire," with the possibility of a U.S. default only a little over a week away.
Deutsche Bank analyst David Bianco thinks the lack of a debt resolution will drag on the S& P 500 this week, but says there's little chance that the U.S. will default.
However, if it does, Bianco says the S& P 500 could sink 45%.
That echoes the sentiment of ETX Capital market strategist Ishaq Siddiqi, who said the debt ceiling debacle could lead to a " subsequent meltdown of global asset prices."
Last week, Bank of America analysts said the government shutdown wouldn't impact fourth-quarter GDP growth. But over the weekend, they changed their tune and lowered growth estimates for the fourth quarter to a 2% annual rate from 2.5%.
Isolator Sorry!
World Markets
North and South American markets finished broadly lower today with shares in Mexico leading the region. The IPC is down 1.12% while U.S.'s S& P 500 is off 0.85% and Brazil's Bovespa is lower by 0.82%.
North and South American Indexes
My long Dow start to see some green.... Good sign..... Green green closing tonight! Huat la...
strange...maybe press wrong button...lol
gavinl ( Date: 07-Oct-2013 19:22) Posted:
I am very surprised to see still got people shorted blumont and liongold.
gufeng88 ( Date: 07-Oct-2013 19:13) Posted:
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Open red will close green green..... LOL
Dow Jones is in deep red, for fear of the repercussions of the disagreement amongst politicians as to whether the USA should continue with printing more money to keep up with its spending and ultimately its debts.
Some believed that enough is enough and spending without a plan is a dead road for the future of the country while some others believed that since the country has been through rough and thick times be they good or bad, nobody dies as a result so the country should continue with what it had been doing in the past and to continue doing so printing and owing and printing and owing without end.
Whatever the case, we at the Singapore stock market end, the fear of the market is there that should the US continue " shutting" down its government, we will also be shut down, which is never going to happen. The fear in the US market is never deeper than the Singapore fear as we can see from Friday's and today's (i.e.Monday's) stock sell-offs.
Hope calm returns if we don't want to lose our investors' confidence that our market is a gone case.
I am very surprised to see still got people shorted blumont and liongold.
gufeng88 ( Date: 07-Oct-2013 19:13) Posted:
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PENIS falling like needles.....most of them....................................fall almost all the gains it had over the last weeks....................all vomit out................................
Jialat.............all no backbone ones fell like cards.......................so much..............
Most pennies have fallen back to their last before BULL price :(
...by the time DEMOCRATES and REP agrees to some deals.............it would reached their bare bottom already :(
Now back to dow...... oh... red again...... Turning green before open?
You are rite.Very red in European marrkets and Dow ftr.
bishan22 ( Date: 07-Oct-2013 16:24) Posted:
| Dow future super red. Caution guys. |
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Dow future super red. Caution guys.
I cant comment this as I dont gamble in casino..... I only can comment that trading need to have a strategy.... lol
Sporeguy ( Date: 07-Oct-2013 13:30) Posted:
I disagree because when one gambles in casino, one must also has strategies.
Isolator ( Date: 07-Oct-2013 11:11) Posted:
| Trading stock markets is gambling when you do not have a strategy.....LO |
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I disagree because when one gambles in casino, one must also has strategies.
Isolator ( Date: 07-Oct-2013 11:11) Posted:
Trading stock markets is gambling when you do not have a strategy.....LOL
Sporeguy ( Date: 07-Oct-2013 10:48) Posted:
| Trading in pennies is similar to gambling in casinos. With shortings, SGX has make stock market more than casinos. |
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