Saturday, June 21, 2008

Don't count on the Fed

"Stocks will limp into the next week at levels not seen since the Bear Stearns debacle, with no hope of a boost from the Federal Reserve."
So reads the opening paragraph of a column by Nat Worden.

Don't count on the Fed. No boost from Bernanke.

And the Bear Stearns debacle? Was that in any way related to past Fed "boosts"?

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