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European Rate Cut Hopes Fuel Market Rally

Tuesday, April 23, 2013 - 10:53 AM
Hopes that the European Central Bank will cut interest rates next month fueled a stock market rally on Tuesday, despite evidence that the Chinese economy is slowing down.

European rate cut hopes fuel market rally - Yahoo! News

More global QE and ZIRP designed to generate cheap money for the equity markets.
ShorebreakShorebreak2,675 posts since
Apr 6, 2010
Rep Points: 14,527
1. Tuesday, April 23, 2013 - 11:18 AM
One day up and two days down; but I'll take it.  BTW, I did sell some fund yesterday to "stir up" the rally today.

You're welcome.:-)
51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,427