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Stocks give up small early gains with the plunge in the Richmond Fed index looking like the...

Stocks give up small early gains with the plunge in the Richmond Fed index looking like the catalyst. Steep falloffs in shipments, new orders, and jobs led the decline, while respondents reported a quickening pace of price increases for both input and finished goods costs. S&P 500 flat.
Comments (1)
  • And already recovered. Recession is priced in as long as Bennie Boy brings out the QE3 juice.

     

    Everything is priced in as long as Bennie promises more printing. He better deliver after the Twist runs out, though. No more juice will make the market a cranky baby.
    27 Mar 2012, 10:16 AM Reply Like
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