Hint of Good News from Fed May be too Little too Late for Stocks
Wednesday November 23, 2005
A look at the minutes from the last Fed meeting revealed discussions that may indicate the rate increases are coming to an end. The news sent the markets into a late-afternoon rally. Still, the major indexes are barely clearing the 3 percent mark for the year and the Dow hasn't broken 1 percent. The media and many investors watch the major indexes carefully, but what do they really tell us?


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