Monday, October 13, 2008

Where is The Dow Headed? U.S. Futures and Global Markets Are Flying High

In early hours, the U.S. "futures" are very strong and global markets are showing strength in lieu of the measures taken over this weekend by many oversees governments to help curb the growing global economic crisis:

  • "The British government announced
    Real Estate News - Pumping Liquidity a $63 billion investment in three major banks.


  • The U.S. Federal Reserve, Bank of England, European Central Bank, Bank of Japan and the Swiss National Bank revealed coordinated steps to juice short-term funding markets.


  • On Sunday, 15 European nations agreed to a wide-ranging plan to shore up troubled banks."

  • - (CNNMoney.com)

Will this good news hold or are we going to have to buckle-up for the same volatility the U.S. market experienced on Friday?

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