Watch Out for this Market
Mar 21st, 2008 | By Christopher Hancock | Category: Macroeconomics
Surge, plunge, rocket or drop: What will the Dow do?
The Fed injected $400 billion last week. It capped its cash infusion on Palm Sunday with a 25 basis point cut to the discount rate ordinarily charged on direct loans to banks, but now also extended to securities dealers.
But $400 billion ...read more
