Archive for October 11th, 2012:

Dow Posts Largest Percentage Drop Since July

Date: Oct 11 2012
Filed under: Alcoa, Chevron, Market NewsBy Rodrigo Campos NEW YORK, Oct 10 (Reuters) - The S&P 500 fell for a fourth day on Wednesday, weighed down by disappointing news from Chevron (CVX) and Alcoa (AA) as earnings season got under way. Chevron ...Read More »

European Central Bank’s Outright Monetary Transactions (OMT): The Bazooka Approach

Date: Oct 11 2012
1888PressRelease - Does the deployment of the European Central Bank's unlimited monetary firepower to save a single currency outweigh its potential impact on the rest of the world's economic infrastructure? On September 6th, 2012, the Chairman of the European Central Bank, ...Read More »