Fed's Tall "Tail"
(minyanville.com)Search
2008-07-18
"Tuesday’s whoosh and reversal in the equity markets -- particularly the financials -- was truly phenomenal. The world all but ended in the morning, only to be triumphantly resurrected by the afternoon's close. Wells Fargo (WFC) took the baton and announced earnings that outpaced tempered expectations, and we were off to the races again the very next morning."
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