New Developments

While US stocks rallied yesterday and may see similar moves for a brief amount of time there are indications that such volatility would remain till another scramble to the bottom and then moving up again. News such as US job loss were lower this week - 639000 vs 670000 the previous week as reported by US Labor Department today would be a small shot in the arm.

Comments

  1. AnonymousMarch 6, 2009 at 11:13 AM

    The statement "scramble to the bottom and then moving up again." seems too optimistic asof now. Today's update by Obama in Ohio is 4.4 million job loses in all, in fact, the figure seems to be closing in on the debt figures.

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