BAILOUT RALLY OVER, STOCKS JUST WENT RED

markets

Photo: Google Finance

So much for that weekend rally.There are several ways to explain this.

The most popular explanation is that a bailout announcement was already priced in, as reflected by last week’s stock market rally.

But there is also a tremendous amount of uncertainty tied to what was announced this weekend.  The leading concern is that conditions to the bailout may actually be self-defeating.

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