Morning Stock Talk - Farr: Hope for Goldman Sachs was too high; hope for economy is t

"Rumors were that Goldman's numbers, as spectacular as they were, were even going to be bigger." Michael Farr, president of Farr, Miller and Washington, also tells Andrew O'Day comments last week by White House adviser Lawrence Summers and today by Fed chief Bernanke say the same thing: the economy "is still falling but it might not be falling as quickly and the pace of the decline might lessen. That's not really a great message to invest by if you're a long-termer."

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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..