Markets am: Stocks lower ahead of US jobs data, Fed unveils Plan...

 
 
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Friday November 08 2013
 
 
Markets
 
Stocks lower ahead of US jobs data
 
Better than expected US gross domestic product data have increased speculation that the Federal Reserve will pare back its monetary stimulus
 
 
 
Fed unveils Plan B for withdrawing QE
 
'Optimal Control' keeps interest rates lower for longer and tolerates higher inflation to help anchor bond yields
 
 
Twitter's real price is global connectivity
 
Connectivity doesn't provide heat, light, food or transport, but it can provide the way out of poverty for millions, writes Neil Collins
 
 
What LME bazooka means for aluminium trade
 
Instead of falling, some traders believe the premiums may stay high or even rise
 
 
Aviation stocks climb on earnings growth
 
Aviation stocks were leading a modestly lower FTSE 100 in London, while stocks on the Paris exchange fell after S&P cut its sovereign rating on France
 
 
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Is Twitter's price insane?
 

Head of Lex Robert Armstrong says the Twitter closing price is not 'stark raving insane'. If you are sure Twitter can grow revenues the way Facebook has in recent years, $45 almost makes sense. The problem, Armstrong says, is that even slightly slower growth means $45 is way too high.

 
 
 
 
 
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