Wednesday, February 11, 2009

Initial market response to Geithner's "plan"

Asia stocks fall amid skepticism over US bank plan

note: I'm not a big fan of over-interpreting stock market moves... it's pretty easy to write tomorrow's stock-market headlines today, you just need to have 2 sets ready to hand: one headline/interpretation for an advance, another for a decline.

That said - I'm thinking the previously cited reviews are on point: Geithner presented no strategy.

Have a nice day.

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