If we can't even sustain a stock market rally after Pres. Obama and Chairman Bernanke's bullish remarks yesterday, we're in big trouble. Real estates sales data was also bearish this morning. Chairman Bernanke will be testifying before Congress again today, so we'll keep a close eye on what he says that may guide the market.Wednesday, February 25, 2009
Stocks Unable to Sustain Rally
If we can't even sustain a stock market rally after Pres. Obama and Chairman Bernanke's bullish remarks yesterday, we're in big trouble. Real estates sales data was also bearish this morning. Chairman Bernanke will be testifying before Congress again today, so we'll keep a close eye on what he says that may guide the market.
Labels:
Bernanke,
Fed,
Federal Reserve Bank,
stock indexes