Morning Stock Talk - Dwyer: We are trying to cure the hangover with a scotch

Tony Dwyer, equity market strategist at FTN Equity Capital Markets, predicts government actions such as the new TALF lending facility will delay economic recovery. "It's a disaster. We're trying to cure the hangover with a scotch. When you're forcing new credit out into the open market, it's giving opportunity for the credit bears to short it." Despite the tough times ahead, Dwyer tells Andrew O'Day "From a practical standpoint, now is not the right time to be a seller. You don't want to jump out of the window on the first floor because all you're going to do is break your ankle."

Download this Podcast (Duration: 00:10:03, Format: *.MP3)

Dow Jones' MarketWatch Morning Stock Talk discusses the big stock movers, economic data and investment trends with Wall Street's top analysts, strategists and traders. Hear about what's driving the stock market from those in the know..