The "R's" just flip when this happens: government intervention that actually positively affects the stock market....
"NEW YORK — Stocks rallied Monday as investors placed bets that a recovery in the financial and housing sectors is more likely to occur following the U.S. government's move to bail out mortgage giants Fannie Mae and Freddie Mac. The Dow Jones industrials gained nearly 300 points."
Link here
So to all the nay-sayers that believe that government intervention is bad -- now is time for you to take your medicine..
Tuesday, September 09, 2008
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