I just checked bloomberg on my phone. There was an article posted an hour ago about bernanke saying the fed still had more tools at their disposal and may lower interest rates from 0.25 to 0.2. He does not see run away inflation taking hold yet.
Capital asset purchases in the us also increase which may indicate that businesses and continuing to invest/expand even though things look gloomy and
there was a somewhat positive article on the euro
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moolamanic's - fear phase - wednesday, page-6
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