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S&P 500
6,001.35
(
0.10%
)
US TECH 100
20,547.20
(
-0.09%
)
Dow Jones
44,293.13
(
0.69%
)
Brent Oil
71.58
(
-0.34%
)
Bitcoin
88,516.88
(
-0.27%
)
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eninvest76

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eninvest76

Re: mikeg post# 156600

Wednesday, 05/20/2009 1:45:46 PM

Wednesday, May 20, 2009 1:45:46 PM

Post# of 704570
theres a good reason for that...

i think the markets believe there will be a short term recovery. however, government polciies will blunt those recoveries.

if FOMC(?) calls that things are recovering, then the markets have to start adjusting for the blunted recovery effects. If they say we're not out yet, markets are still PLANNING for up-turn.

its bizarre I know, but its big money making decisions based on government involvement, government policies typically create more harm than good.
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