On both sides of the capitalistic pond we have central banks with the power to improve consumer confidence. Unfortunately, on the state side, consumers in general are too busy paying off their high interest credit card rates...
We are in the midst of a market where any bad news is to a bear market as good news was to the last bull run and also during the dot-com phase... extreme...
Let the buyers come in... so they can get whacked. Of course, the FED rescuing the Market like a dad saving his spoiled son doesnt do anyone favors except the insiders. The normal hard working people like ourselves tend to be the victims...
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