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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 694.04+0.7%Jan 9 4:00 PM EST

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To: GROUND ZERO™ who wrote (34307)6/29/2012 10:18:30 AM
From: Challo Jeregy1 Recommendation  Read Replies (1) of 221586
 
real reason why the market is up -g-

A few weeks ago we noted that the departure of the Fed's PPT head, Brian Sack, and his replacement with an academic, will likely be the greatest undiscussed S&P catalyst as the head of the entire US equity market would be none other than a B-Grade UCLA academic. Well, this has now changed, because as Dow Jones reports Brian Sack has withdrawn his resignation from the New York Fed, and will stay on as advisor to Goldman FRBNY plan Bill Dudley. The status quo must continue at all costs.


zerohedge.com
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