The momentum has formed on bank nationalisation, growing political acceptance on nationalisation. And currency market and stock markets are pressuring to take everything to the new lows. Despite white house trying to save the market, saying that they will try to keep the banks private, late afternoon rally was short lived. Market is ready to take it lower.
Monday, February 23, 2009
02/20/09
The momentum has formed on bank nationalisation, growing political acceptance on nationalisation. And currency market and stock markets are pressuring to take everything to the new lows. Despite white house trying to save the market, saying that they will try to keep the banks private, late afternoon rally was short lived. Market is ready to take it lower.
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