MARKETS DESTROYED AROUND THE WORLD

"The "day" really started yesterday around 2:20 when the FOMC released its highly anticipated "Operation Twist" announcement. Markets were already down modestly heading into that, but the selloff got serious after that, and stocks really fell out of bed. To some extent, the selling was a "sell-the-new" kind of thing, and perhaps to some extent some were disappointed that Bernanke didn't go further. Alongside the announcement, yields on long-term Treasuries plunged through the floor.

Not long after the market closed, more bad news from Washington came: The House voted down a bill to keep the government open. A government shutdown is a real possibility."
Read more, it gets much worse:

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Last Edited by Lonerangersilver on 09/22/2011 08:12 PM