Earlier predictions that it was going to be a skittery week on the Dow Industrial and in the Stock Market seem to have been temporarily quelled. Not by confidence that the banking and housing industry was going to do better or by ignoring less than stellar employment numbers but by the Federal Reserve putting an additional two billion dollars into the banking system this morning. News of this spread quickly and probably saved what would have been a close repeat of last week's numbers.
1 comment:
Thank God it was only $2 Billion.
I thought it was going to cost us some REAL money ;-)
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