Nice spin.
Markets had logged some gains earlier in the week, buoyed by an upbeat earnings outlook from British lender Barclays and a $819 billion stimulus package in the U.S. moving closer to reality, but were jolted back to reality by a new slew of bad economic and corporate news.
Isn't it reasonable, then to believe that the markets would have been up on a good stimulus package? How will the Administration spin this? I don't suppose they have to, since the media did it for them.
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