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Bears Stalk Spring Markets

Posted By Barry Ritholtz On April 21, 2009 @ 7:25 am In Markets,Video | Comments Disabled

Last week’s sunny outlook at the start of earning season has since clouded over, as trepidation over the health of the banking sector crept into the market. Although Bank of America reported solid first-quarter profits, many traders believe that banks are enjoying a nice one-time bonanza thanks to the government’s bailout package, says Peter McKay.

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