Stock markets were up this morning, though data from a variety of sources indicate a only tepid economy. Juli Niemann, analyst with Smith Moore & Company, says it's precisely this bad news that is making the market rally.
Stock markets were up this morning, though data from a variety of sources indicate a only tepid economy. Juli Niemann, analyst with Smith Moore & Company, says it’s precisely this bad news that is making the market rally — and the fact that the Federal Reserve is likely to continue stimulus measures as long as the economy appears fragile.
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