Reuters
August 10, 2011
U.S. stock index futures fell on Wednesday after a sharp snap-back rally in the last session and as investor fears about the economy and high levels of public debt looked set to generate more volatile trading.
Stocks zigzagged on Tuesday after the U.S. Federal Reserve promised to hold interest rates low for at least two years, before the SP 500 index rallied 5 percent into the close. But the Fed’s statement also underlined the struggling economy and was a reminder that markets would likely remain choppy in the near term. For details, see [ID:nN1E7780FW]
“At this point of time, investors’ heads are spinning,” said Oliver Pursche, president at Gary Goldberg Financial Services in Suffern, New York.
6 Responses to “Futures fall after snap-back rally”
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corporate execs don’t care about anything other than paying someone pennies on the dollar for
work.admit it americans you are all slaves and that is why you have the mindset of the rat racer
today.someone i know seems a little worried,unusual considering she would be the last one to
believe our government is nothing but a bankster kissing nazi police state.
i have learned to abound and i have learned to be abased-paul the apostle
some of us however are not concerned we have been preparing for this day for quite some
now.some of you may say we are mad or crazy or that we want to take up arms but the truth
is we want the lies to be exposed for what they really are. living in a fake virtual world
with only toys to play with like we are some child locked away in a crib is not something we
particularly enjoy.we want the freedoms that are within the constitution.over the years
they have been stripped away.i can’t have a passport.i can’t have a gun.i can’t have a good job.
i can’t speak my mind.i can’t defend myself.i can’t truly own anything.
these are the things that the government wants to blame on criminals and ”terrorists”
as if to say these things have been taken away to protect us yet foreigners are given flight
manuals and training to blow up buildings.they give illegal immigrants licenses and free
healthcare.the system allows the average criminal access to work training knowing that they
can only get this training behind bars in prison instead of in the real world which is completely
senseless to believe that one must got to prison to become educated
the entire system is crumbling before our very eyes.
The Fed at least recognizes why the economy is slow. How can you have Job growth when you allow companies to outsource jobs and move manufacturing facilities to other countries? How can you have better consumer spending when so many of your viable workforce is out of work?
Why is it that all these supposed brilliant CEO’s and business owners cannot figure out why the economy is going south when they are the ones who are ultimately responsible for the Sinking of the economy. If not for the Greed of those who play in the stock market it would not have been possible for any of these Companies to make those outsourcing moves. Investors too must take a large portion of the blame. If investors would pull their funds when a company outsources jobs to other countries Corporations would get the message. Finally our Federal government is to blame they have asked for an required and receieved all the regulatory power needed to prevent such outsourcing from happening yet they do nothing. Time for new senators and congressmen VOTE!!!
Printing/minting of our own money not borrowing it from the Fed Reserve could be interest free.
PPT snap back ralley will fail but wait super fed could save the day again by throwing more of our tax money at it.
what a concept!!??!!
You can shove the future !!!