Geithner’s Speech Spooks Traders

Rather than giving the share market an economic boost with his speech, treasury Secretary Timothy Geithner actually scared it to another day of falling prices. It seems that his speech was merely rhetoric about what is to come in coming weeks, when everyone was expecting him to outlay what the government plans were for the economy there and then. I hope they are expecting any miracles as really doubt if he, or anyone else for that matter, can pull any magical remedies out of a hat.


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