Archive - Feb 9, 2011
Market's First Law of Bernankity: What Goes Up, Must Go Up
Submitted by MoneyMcbags on 02/09/2011 01:53 -0500The market rose for the 7th straight day (and the day was so straight that...
China hikes while German IP misses and gas price pressures weigh on US ABC Consumer Comfort Index
Submitted by naufalsanaullah on 02/09/2011 00:31 -0500With a hike discounted and real yields still in very negative territory, I expected a fade of any initially bearish reaction, which is what the market provided today.
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