Stocks ready for a second day of gains as Australia hikes rates
Filed under: Company News, Economy, Investing, Earnings, Alcoa
U.S. stocks are set for higher open Tuesday morning, ready for second day of gains to continue Monday's rally when U.S. stocks bounced back from a two-week selloff. All three major indices gained at least 1 percent Monday ahead of the upcoming third quarter earnings season to be kicked Wednesday when Alcoa (AA) -- the first of the Dow industrials -- reports. This morning, investors were positively reassured when Australia became the first G-20 economy to raise interest rates, fueling optimism about the global economic recovery. More here: Before the bell: Futures higher as Australia hikes rates



























Reader Comments (Page 1 of 1)
10-06-2009 @ 9:11AM
Paul-999 said...
As long as Governments are printing Trillions in Worhtless Paper there will be No recovery. What we will see today is More Government number twiddling. These numbers are Not real as there is absolutely Nothing to support them. Soon the Price of Number Twiddling Will Come Due and when it does America Will Fall into the Worst Depression and Panic Far Greater than 1920s Germany. They Know this and apparently that is Exactly Their Plan . I urge Everyone to Call your Congress and Demand they Stop doing this or Lose their Jobs next November . As a Direct result of all of these Government " Bailouts " and Number Twiddling here is the Future Problem that Will Hit Us All by end of Year ; These so called " Bailout " and " Stimulus " Packages will produce only Minimal results and will Not work as planned. But, it is Going to Raise both Income and Property Taxes by up to 42 Percent across the Pay Scale by end of next year. Those who are below the Tax bracket will find they Too Will Be Taxed. Despite what they tell you on TV, that is the Word. Insurance Rates are also set to rise Big as well as inflation in Food, Energy and Healthcare. The Dollar Will Become Worthless. Yes the economy Will become a Panic Like Germany in 1920s'. All of this Has to happen for this Worthless Playmoney Injection to have any value at All. With the Trillions theyre Printing and Spending on Bailouts along with Bogus Unsupported Numbers, the Economy Cannot Help but slide into a Panic that No one will be able to stop. Just do the Math
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