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Bro Octavia, vry naughty...OBSCENE posting...why no sensor ? " OH KONG" him...
Octavia ( Date: 30-Oct-2013 11:57) Posted:
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Bull getting tired? Investors shrug off Fed
Click chart fore more markets data.
NEW YORK (CNNMoney)
Investors didn't seem to care that the Federal Reserve decided to continue its $85 billion a month bond buying program.
Stocks, which are hovering near all-time highs, fell after the Fed announced no major changes to its stimulus program, commonly known on Wall Street as quantitative easing or QE. Investors expect the program to last at least until the end of this year.
The Dow Jones industrial average, the S& P 500 and the Nasdaq closed with modest losses after starting the day with small gains.
Both the Dow and S& P 500 closed at record highs Tuesday, and both hit new intra-day highs on Wednesday.
Related: Fear & Greed Index shows investors are greedy
The rally has been a global one. European markets climbed to their highest levels in five years Wednesday, and Asian markets ended with sizable gains.
Signs of a market that's too hot to handle? Investors have become increasingly concerned that the market might be overheated. CNNMoney's Fear & Greed Index, which measures market volatility and six other gauges of investor sentiment, has been in Greed territory for the past week.
There has been a remarkable shift in the market's mood this month. The index was showing signs of Extreme Fear earlier in October as investors worried about the government shutdown and a potential debt default by the United States.
PIMCO's Bill Gross. who runs the largest bond mutual fund, is one of a number of big fund managers who think that stocks have gotten ahead of themselves. Gross wrote on Twitter late Tuesday that " all risk asset prices artificially high."
Related: Why the Fed should worry about deflation
Allianz Global Investor's U.S. investment strategist Kristina Hooper says that the market is once again focusing on when the Fed will pull back on its bond purchases.
" We're back to an environment where bad economic news is good," said Hooper. " Bad news suggests we will be on Fedicare for longer."
Weak hiring: Investors got another weak data point on Wednesday. Private sector employers added just 130,000 jobs in October -- their lowest level of job growth since April, according to a report by payroll processor ADP.
No Hardcore stuff here. Only Hancore stuff. But it is almost like hardcore with so much shortselling.
Octavia ( Date: 30-Oct-2013 11:57) Posted:
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poor kitty...
Octavia ( Date: 30-Oct-2013 11:57) Posted:
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Human beings do funny things so do animals.
Goodness! Is it end of the world coming?Some said it is cute.Tsk Tsk Tsk.
Peter_Pan ( Date: 30-Oct-2013 11:13) Posted:
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