Reuters takes a cogent look at the policy enacted regarding Europe that allowed yesterday's strong bull market.
Yesterday, the Down Jones Industrial Average had its best day since March of 2009, soaring by nearly 500 points. But why, exactly, did it happen then? Reuters is here to explain, with a straightforward Q&A regarding the moves made by central banks that allowed the surge. Long story short: they’re bracing us for impact by making it easier and less stigmatized to lend to European banks. [Reuters]
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