Tag: washout

 

Market washout: Morgan Stanley (MS) and National City (NCC) won’t play along

Published on October 8, 2008

The equities market is holding tough today thanks to interest rate cuts. Companies like Morgan Stanley (NYSE:MS) and National City (NYSE:NCC) are making gains. But is it really good news?
By Andrew Snyder
Baltimore – (TFN): The Federal Reserve has been working overtime, yet the markets are not respecting its hard work. It is the sign [...]