Oops: AP Says GDP Report Was Causing Stock Market Rise in AM, Quietly Cites It As Reason for Decline After Close
It seems that Associated Press Business Writer David K. Randall made a bad call yesterday. But he only has himself to blame for engaging in what he should have known was wishful thinking. Shortly after the government's report on economic growth during the fourth quarter of 2010 came in with an annualized 3.2% reading, Randall put out this this short report : Stocks edge up after stronger GDP report
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on January 29, 2011. Filed under