The U.S. Federal Reserve is reflected in a car as a security officer patrols the front of the building in Washington, June 24, 2009. REUTERS/Jim Young
The U.S. Federal Reserve is reflected in a car as a security officer patrols the front of the building in Washington, June 24, 2009. REUTERS/Jim Young
Stocks fall after Fed unveils stimulus plan
http://news.yahoo.com/s/nm/20101103/bs_nm/us_markets_stocks
NEW YORK (Reuters) – U.S. stocks fell after a brief pop higher in volatile trading on Wednesday after the Federal Reserve announced a controversial policy to buy government bonds in an attempt to breathe new life into the struggling U.S. economy.
It would appear that I squandered my 401K just in the nick of time.