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Stocks open weak, rates soft

By   || February 25, 2010 at 14:37 GMT
|| 4 comments || Add comment

US equities have opened very soft, down 1.5% which is helping drag down US Treasury yields. Soft economic data from the US and growing Greek jitters are undermining market confidence across the board. Throw in Bernanke and the Hill and the health care summit in DC between Dems and Reps and the market is scared out of its wits…

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4 Responses to “Stocks open weak, rates soft”

  1. tonysan on February 25th, 2010 14:43 GMT

    Yea Jamie – When Rick Santelli of CNBC starts to poll CME traders we know its going to be a “bloody” day…If I was Obama I would cancel the Healthcare meeting until the US job picture truly begins to improve…

  2. Jamie Coleman on February 25th, 2010 14:46 GMT

    That’s old Washington Tony. America wants bold leadership. Haven’t you learned anything at the reeducation camp? ;)

  3. tonysan on February 25th, 2010 14:58 GMT

    Well – Call me a pragmatic but if this job loss crap continues, there won’t be anyone who can afford any healthcare insurance at all…

  4. Michael Miller on February 25th, 2010 16:41 GMT

    You ain’t seen nothin’ yet. I’ve done the work 2 times over and am right. Sadly.

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