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Markets are constantly in a state of uncertainty and flux and money is make by discounting the obvious and betting on the unexpected. - George Soros

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Entries Tagged ‘Barclays Bcs’

U.K. stocks vault higher on Fed’s commercial paper move

LONDON (MarketWatch) - U.K. stocks vaulted higher on Tuesday after the Federal
Reserve said it would start purchasing commercial paper in the stilted market,
helping counter weakness from major banks on worries they will issue stock to the
British government.
In line with markets around the world, the FTSE 100 (UK:UKX) surged on the
announcement of the Fed step.
Major British [...]

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We’re still waiting for ‘the big one’

LONDON (MarketWatch) — This week’s global stock plunges have been sharp and
severe, but they’re not “the one.”
As U.S. Treasury Secretary Hank Paulson must have been praying, the markets have
withstood the collapse of Lehman Brothers (LEH) and the forced sale of Merrill
Lynch (MER), at least for now.
Yes, American International Group Inc. (AIG) is tottering, and plenty [...]

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