10.14.2008

The economy: good news and bad news

The stock market has reacted favorably to the European and American emergency economic plans launched over the weekend, with its biggest 1-day rise ever.

But as everyone knows, the stock market doesn't give the real picture . . . it only provides a superficial snapshot of investor mood (and - perhaps - a shove from the PPT).

So what is really going on underneath the surface?

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