Monday July 19th
(Reuters) - World stocks staged a late-day surge to end higher on Tuesday and Treasury prices pared gains, reversing steep losses as bargain hunters emerged amid speculation the Federal Reserve will take steps to spur lending.
Now rally is tied to "banks will be forced by FED to lend"......hayzooooosssss keeeeriste. How about a flacid demand for loans? Maybe FED should force people to borrow and go into more debt that can't be repaid to banks who already hide bad debts on or off books who don't want to lend or can't.
FInally someone understands......
D
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment