Stocks rallied despite the bailout failure.
This morning CNN lead with “Stocks rallied Tuesday, with the Dow jumping 485 points on bets that Congress will pass a version of the government’s $700 billion package”. No they didn’t. Stocks rallied despite the bailouts defeat because investors got good deals on stock in companies that never should have been effected by this fear … Continue reading Stocks rallied despite the bailout failure.
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