Great Financial Quote

You gotta love this quote about the recent Stock Market surge:

"The reason we’ve rallied the last three or four days is people are saying ‘Hey, even if this paper is worth less than people think, the Fed is willing come in a buy it at some level,’" said Charlie Smith, chief investment officer at Fort Pitt Capital Group.

I am so much more optimistic about our economy now :)

http://biz.yahoo.com/ap/080324/wall_street.html

Written by Tim on March 24th, 2008 with no comments.
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