Stocks recover after a 2-day plunge caused by anxiety over the prospect of a Fed pullback

  • Article by: JOSHUA FREED , AP Business Writer
  • Updated: June 21, 2013 - 4:25 PM

Traders decided that the stock market has suffered enough, at least for now.

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thisisinsaneJun. 21, 1310:09 PM

Another stupid headline by the Strib. A gain of 41 points when 560 were lost is hardly a recovery.

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mylittleidJun. 21, 1311:30 PM

The market seems to have the mentality of a brainless, frightened child. Bernanke says that once the economy has recovered he will stop the stimulus, which is simple common sense. The market reacts with a giant sell-off. Did these titans of Wall Street think the spigots were going to stay open forever? It's no wonder they drove the economy to the edge of the cliff in 2007 with stupid reactions like this.

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firefly70Jun. 22, 13 3:03 AM

Yep. Pretty predictable in that the Market tends to overreact. They react as though they think people are going to suddenly stop buying everything. And that the majority of businesses are going to go out of business. Anyone with half a brain knew a pullback was inevitable. It was simply a regression to the mean.

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jd55604Jun. 22, 13 9:14 AM

So you guys think that our rapid stock market gains and losses over the past 10 years are all caused by Wall Street titans and brainless investors? You don't think it has anything to do with government induced asset bubbles caused by the Fed's artificially low interest rates and their misguided attempts at monetizing our staggering public debt? Sorry but the Fed funds rate has been at zero for a while now and they have no other options at their disposal to further prime the pump. Domestic and foreign investors are finally catching on and the markets are reacting predictably.

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