Some analysts say the savage selloffs over the past weeks have effectively established a "bottom" for the stock indexes, although others say a rebound will be hard to maintain with confidence weak and recession likely.
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Saturday, October 18, 2008
Wall Street ponders whether rebound is for real
NEW YORK (AFP) – A strong rally that lifted Wall Street from last week's multiyear lows has investors pondering whether the worst is now over for the stock market battered by its worst bear market in decades.
Some analysts say the savage selloffs over the past weeks have effectively established a "bottom" for the stock indexes, although others say a rebound will be hard to maintain with confidence weak and recession likely.
CLICK HERE TO READ MORE==>
Some analysts say the savage selloffs over the past weeks have effectively established a "bottom" for the stock indexes, although others say a rebound will be hard to maintain with confidence weak and recession likely.
CLICK HERE TO READ MORE==>
