Stock markets rejoice but uncertainties remain
July 31, 2012 at 13:14 PM EDT
Germany, the largest and most influential member of the eurozone, poured a degree of cold water on the hopes for more aggressive action by the ECB It was pretty much baked . . . → Read More: Stock markets rejoice but uncertainties remain
Germany, the largest and most influential member of the eurozone, poured a degree of cold water on the hopes for more aggressive action by the ECB
It was pretty much baked in the cake that the economy is slowing so rapidly that the Federal Reserve will have to come to the rescue, possibly as soon as its FOMC meeting this week.
But not so fast.
On Friday morning the Commerce Department … [visit site to read more]