This morning, Ben Bernanke, gave a speech to the Council on Foreign Relations, a Washington think tank. During his presentation, he said:
"I think there is a good chance the recession will end later this year and 2010 will be a period of growth."
Within one hour of trading the Dow had surged by 262.28 points to 6,809.33 . So what exactly has changed?
Tuesday, March 10, 2009
Just one sentence from Bernanke and the US stock market jumps
Labels:
crash,
money,
UK house prices,
US economy,
US housing bubble
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