Delta the only Fighter Jet of Stocks today
Bloomberg announced before the closing bell that Delta Airlines turned out to be the Fighter Jet of stocks today, one of the best performers on Wall Street stated by Adam Johnson & Matt Miller . Delta is continuing to hire employee’s and expand the airways, being confident & stable in business and flight among-st an industry that has been hard hit by increasing fuel prices and other concerns.
The Dow Jones and other markets across the world continued to stay in the RED with loses across the board in most of the sectors. Adding to the downturn, was the failed hopes that France and Germany would create a Euro Bond. Financiers, investors and traders were disappointed that the only real accomplishment that came from the Merkel & Sarkozy meeting, which they felt was important and necessary to disclose, was the even more disappointing announcement of a financial-transaction tax for the Euro region. Adding no explanation of the details of what such a tax would entail, only that it would be disclosed in September. Thus adding to the stressor’s of Europe with other developments putting a stop to short selling in many regions.
Looks like no Pizza Celebration today, like Matt Miller & others enjoyed the other day at the NYSE, as Global Leaders, governments, and the stock markets continue the finger pointing back and forth about transparency, truth, the who, the what and the where that has created the decades of palor tricks and instability.
And with the continued concerns, in July the New York Times reported that “The S.E.C., which has the largest responsibility under Dodd-Frank, alone has missed 54 deadlines, according to Davis Polk. In June, the Commodity Futures Trading Commission decided to formally postpone some derivatives rules for up to six months.”
What will make the people and the world finally pay attention, how much will it take for individuals to stand up , how much risk are we willing to take and continue to endure? What will make it enough for us to want to turn things around, since the speculation, charts, theories and the analysis does not seem to help lately. It takes focus and attention to not let the elite few misuse, steal & drink at the “Money Trough” of the global sweat equity & savings of many. To name the least.
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