Wednesday, November 03, 2004

Stocks Like the Outcome of the Election

Stocks Skyrocket as Wall Street Welcomes Bush Victory


At 2:36 AM, Blogger Aldon Hynes said...

Stephen Roach, the chief economist at investment banking giant Morgan Stanley, has a public reputation for being bearish.
But you should hear what he's saying in private.
Roach met select groups of fund managers downtown last week, including a group at Fidelity.
His prediction: America has no better than a 10 percent chance of avoiding economic ``armageddon.''


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