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Tuesday, December 13, 2011 - 4:55pm
FOMC Statement Kills Rally, Brings Out Sellers
On Tuesday, the Federal Reserve released its last FOMC statement of the year, killing a 100 point rally in the Dow in the process. Although the Fed statement was a tad bit more optimistic than normal, in these strange financial market times, this is being interpreted as bearish. The reason? The...
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