Dow Jones Stocks: The Australian Share Market Today and Global News – www.tradingandinvesting4u.com. For your free cash flow training go to : www.tradingandinvesting4u.com – The Australian Share Market Today and Global News Check out more info about this video at www.tradingandinvesting4u.com Follow us on facebook at www.facebook.com The Australian Share Market Today and Global News The Australian share market is poised to get hammered today as markets around the globe were ruthlessly crushed last night. The Dow Jones fell 1.96 per cent, the NASDAQ 2.44% and the S&P 500 2.23%. Following this trend were commodities with current commodity prices well below what investors in Asia would have seen last night before going to sleep. A mix of disappointment from investors over the Federal Reserve’s decision not to ramp up printing, mixed in with horrible economic data from China and Europe is thought to be to blame. Across the US the slowdown in global business activity is severely hurting US companies. During earning season this year there has been a shocking ratio going around. For every company that expands its profit outlook, 3.6 are putting out profit warnings and recent news events are expected to expand this problem further. Also slammed last nights were banks. Moody’s Investors Service went on a slashing binge hitting Credit Suisse, Morgan Stanley and thirteen other banks hard with downgrades. All banks affected were seen to have significant exposure to volatility and risk and probably to have a little too many European bonds. A cut of the magnitude Credit Suisse and …

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