Posts Tagged ‘Moody’s’
Weekly Roundup: ‘Insane’ market, rising prices, pronounced seasonality, surging sales, wasted electricity, 65,000-acre Quebec spread. . . more!March 8, 2013
Here’s your chance to catch up with news included to inform, enlighten and perhaps even entertain you. To read about The Big Apple, check out the other of today’s posts and look for Out and About early next week.
Here’s your chance to catch up with news included to inform, enlighten and perhaps even entertain you. To read about The Big Apple, check out another of today’s three posts.
Yesterday, investors once again demonstrated how jittery they are as the Dow-Jones Industrial Average plunged 2.49 percent, the euro plummeted, options trading was unusually volatile, commodities fell, reaction to the Fed’s FOMC comments became sharply negative and Treasury yields dropped.
Quoted in the Wall Street Journal, Keith Bliss, senior vice president with Cuttone & Co., had this to say about the day’s events:
All of a sudden, bad news is pouring out from seemingly every corner of the world. People are saying, let’s take our long positions off the board and let the rest of the world digest what’s happening here. (more…)