Equity Markets Make a Dramatic Recovery

• The equity markets made a dramatic recovery considering investors in Treasuries gave the Fed a no-confidence raspberry, not liking the comments from one of the Governors today at all.
• Finishing touches are wrapping up on the Virgin Hotel, a 28-story tower in Midtown, Manhattan.
• K&K Hotel Group is planning to build a new Hampton Inn & Suites in Shenandoah, TX.

The equity markets made a dramatic recovery considering investors in Treasuries gave the Fed a no-confidence raspberry, not liking the comments from one of the Governors today at all. The DJIA rebounded from losses to end the day up 146 points while Nasdaq nearly came all the way back, down only 31 by the close. The S&P 500 was up 12 points […]