Posts Tagged ‘interest’

Dubai Rocks Stocks

By Paul Nowak • Nov 27th, 2009 • Category: Market Updates

News of a debt crisis in Dubai shook stocks on what would otherwise be a quiet post-holiday trading session. The Dow Jones Industrial Average fell 154.48 points (1.48%) as Dubai announced on Wednesday that it would ask creditors of the state-owned Dubai World and Nakheel to defer debt payments. The news surprised investors and led [...]


Treasuries a Safe-Haven in Times of Crisis

By Paul Nowak • Sep 16th, 2008 • Category: Broker Commentary

Treasuries a Safe-Haven in Times of Crisis By Greg Perlin An avalanche of negative news swept the markets yesterday. To summarize the events, two Wall Street titans will essentially disappear. Lehman Brothers filed for bankruptcy and Merrill Lynch agreed to be acquired by Bank of America. The stock market really has taken a hit and [...]