OpenMarkets

Market Update: What’s Driving the Losses?

Oct 10, 2012 || OpenMarkets || 1Comment

The losses in the Dow Jones and S&P 500 may be setting the tone for a risk off environment. But what are the drivers of the downward trending data? Start with the IMF’s lower global GDP figure, and Alcoa’s warning of a slowdown to come. Jack reminds us that “Lowering-of-expectations season follows earnings season.”