Operation Twist Turns Markets into Knots
By Kristina Zurla Landgraf • Sep 22nd, 2011 • Category: Broker Commentary, Market UpdatesThe Federal Reserve’s “Operation Twist” program, announced after its September policy meeting Wednesday, failed to restore market confidence as major stock market indexes tumbled and commodities sank nearly across the board. The Dow Jones Industrial Average closed down 391 points Thursday after losing 284 points on Wednesday. Gold fell more than$ 66 an ounce and [...]
