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.
Happy holiday weekend! Please enjoy this post with the past week’s most important news about the Big Apple and beyond. Look for “Out and About,” “The Big Apple” and “Weekly Roundup” again next Friday.
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. Continue reading