world stocks fall as Feds do no stimulus

[HUGGY]

Stocks fall as Fed chief disappoints on stimulus - WQOW TV: Eau Claire, WI NEWS18 News, Weather, and Sports

MILAN (AP) - World stock markets dropped Friday after the U.S. Federal Reserve chairman disappointed investors that there would no immediate action to jump start the world's largest economy, wiping out any gains from China's surprise interest rate cut.

In an appearance before members of the U.S. Congress, Ben Bernanke avoided giving any signals about what the Fed might do in response to a slowdown in hiring. The 69,000 jobs created in May were the fewest in a year. And China made its first interest rate cut in more than three years, but not enough to excite market interest.

Markets, instead of reacting to the cut, were also bracing for the possibility of glum economic data from China over the weekend.

Knee jerk reaction to monthly employment figures is idiotic.

Do you really want the fed to establish a pattern of over reaction every time there is ripple in the world economy?

Dude did you miss the point of the thread?


The markets are calling for stimulus to calm them and to get them investing again.


That is what the article says.


Now If the right is sooooo devoted to the market that they want the market to make our decisions then they should be FOR more stimulus.


But on this occasion they are against what the market is crying our for.


WHY?


because they dont care about the free market nay more than they care about the constitution.

those are just talking points from the ONLY thing they do care about.

the republican party.


This is just more proof they are full of shit and lies

"markets" don't run our economy. Repubs "full of shit" is a seperate issue.

 

[Truthmatters]

The stock markets are a big part of the free market.

the right wants the free market to control our country.


They want the government weak and the freemarket to control the powers that they want stripped from the government.


If we should follow the Free market as they say then we should do what they need to see the best results.

The markets are crying out for stimulus all over the world.

That is what the article says.


Now under their own philosophy they should be for stimulus.

 

[Truthmatters]

now you getting my point huggy?

 

[KissMy]

Knee jerk reaction to monthly employment figures is idiotic.

Do you really want the fed to establish a pattern of over reaction every time there is ripple in the world economy?

It's not a ripple. This jobs disaster has been plaguing us for the 5 years the democrats have been in power.

DEMOCRATS JOBS RECORD!!!

 

[Paulie]

The stock markets are a big part of the free market.

the right wants the free market to control our country.


They want the government weak and the freemarket to control the powers that they want stripped from the government.


If we should follow the Free market as they say then we should do what they need to see the best results.

The markets are crying out for stimulus all over the world.

That is what the article says.


Now under their own philosophy they should be for stimulus.

Is it just me or is this chick getting better with spelling and grammar?

 

[Truthmatters]

Why do you people refuse to face your philosophy changes whenever you clowns need it to change so you can lick republican funders asses?

 

[Truthmatters]

If you are calling for a smaller government and you refuse to raise taxes you are for the weakening of the government our founders left us.

If you think the free market is better, more moral and smarter than government then you want economic rule by foreign wealthy fucks