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Article: FirstAlert(tm) Daily 9/14: Setting Up For A Fall.
- Article from:
- Investrend
- Article date:
- September 14, 2009
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Sep 14, 2009 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2009/09/14/firstalerttm-daily-914-setting-up-for-a-fall/)
- Commentary -
September 14, 2009 (FinancialWire) (By Genevieve Hawkins) -- It's been one year since the fall of Lehman Brothers (OTCBB: LEHMQ) sent shockwaves through the financial system, and signs may be pointing to another drop on Wall Street. Hopes for an economic recovery last week helped propel the Dow up 1.7%, while the S&P 500 rose 2.6% and the Nasdaq jumped 3.1%. Although the Fed was able to avert a financial meltdown last fall, hopes for a U.S.-based recovery in the absence of job growth ...