If They Had Only Kept Their Mouth Shut
The biggest problem with investing with the central banks is this: You very much want to own the stocks of the companies that their easing is meant to help -- except on days when these companies speak!
Wednesday was a terrific day for this kind of remonstration and analysis. You had to feel a little emboldened during the session. After all, here's 3M (MMM) saying that its regular goals had just become stretch goals -- a big-cap name basically saying, "Look, we aren't going to make the numbers." Yet the stock didn't even get hit. You saw the users of energy getting a boost after the third straight day of crude-oil price declines. You saw the airlines all flying higher off it, and when those dogs move, they move like greyhounds at the track....702 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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