Stocks rebound with the expectation of Fed action


http://www.bloomberg.com/news/2011-08-09/asian-stocks-drop-as-yen-treasuries-gain-on-recovery-concern-gold-climbs.html

However not every one believes that the Fed will do anything more than talk loud. It is more likely that the Fed might institute another round of purchases of assets if the economic data does not improve soon.

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