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Yielding Wealth | Personal Finance

November 1st, 2007

The Wild Ride That is the Stock Market

ExxonMobile (XOM) ran into earnings trouble and that, coupled with ridiculously high oil prices, has managed to effectively undo any positive effect that might have come with yesterday’s Fed rate cut. Of course, the biggest damage was probably done by the statement accompanying the Fed rate cut. The implication is that the slashing is done […]

By miranda -- 3 comments