We May Be Facing An Autumn Stock Market Crash

(Reuters) - Visa Inc's quarterly profit rose by 40 percent, and the largest payment processor said it would introduce a new fee structure for U.S. merchants.



"They just cannot wait to lose their cash flow. They do not bother studying the market first. Just a little it with no professional. Most people know which need training before they could fly an aircraft or perform surgery, however i do not know why they locate it easy to generate trading", he exclaimed. He was quite emotional about it.

The advance seasonally adjusted insured unemployment rate was 2.9 percent for the week ending April 2, a decrease of 0.1 percentage point inside prior week's unrevised rate of additional.0 percent.

10 back this month Long-Term Capital Management hedge fund lost billions in an awfully short space of time. Shock Waves roiled in the worlds sectors. Asian was imploding and Russia was defaulting. Then as finally, there was a government-initiated Wall Street-funded bailout for LTCM.

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"Over the coming years there is trillions of dollars importance of stock which do not exist anymore and that money will have to go somewhere. It's going to go in the remaining stocks," Michael Williams managing director of Beamreach Trust in New York, was quoted by Bloomberg.

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