With all the sub prime losses facing the markets, one would think that the Wall street would be reading the situation much more clearly but that has not yet happened. All that we are getting out of the Wall street these days are a knee jerk reaction to any financial data that comes out. Today was no exception, especially with the news that the Fed minutes can be expected any moment. That was all it took to blow some life back in to a heavily battered stock market.
Tuesday, November 20, 2007
Wall street gets the hives ahead of the FED minutes!
Posted by scorpius at 9:17 AM
Labels: economy, share market, stocks, wall street
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