Home › Forums › Financial Markets/Economics › Recession deepens…first quarter GDP worse than expected… › FormerSanDiegan wrote:Also,
[quote=FormerSanDiegan]Also, Chrysler filed for bankruptcy.
… and the stock market rallied/yawned on these two pieces of news. [/quote]
That was expected. That’s what happens when UAW owns a majority stake followed by the Fed followed by the bondholders which get didly squat….