Economist speak "Stocks were higher this morning after economic - TopicsExpress

Economist speak "Stocks were higher this morning after economic data and comments from two Fed Bank Presidents. Atlanta Fed President Dennis Lockhart and New York Fed head William Dudley both said today that Fed policy would remain accommodative for a long time and that the market is overestimated the possibility of an imminent tightening. " Translation "The US economy still needs the Govt to support it by printing more money and as a lot of that money will end up buying shares the stock market went up"

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