Johannesburg — US MARKETS recovered yesterday after a horrible set of sessions in which the Dow fell for four consecutive days, slicing about 5% off the market. All of a sudden, the 10000 level looks in danger again.
The initial problem appeared to be President Barack Obama's proposal for tighter restrictions on banks, but this evolved down an unexpected path. The fears began to be focused on whether Fed chairman Ben Bernanke might struggle to be confirmed in the Senate.
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