Fed's Big Rate Cut Lifts Global Stocks »
Posted By GraceCheng1 6 months, 3 weeks ago in Business & FinanceThe resemblance is uncanny. On Tuesday, US stocks had the biggest rally in five years, just like one week ago exactly, thanks to better-than-estimated earnings from Goldman Sachs (GS: 175.59 0.00 0.00%) and Lehman Brothers (LEH: 46.49 14.74 46.43%) and a chunky 75 basis points of rate cut by the Fed. The fed funds rate
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