Interesting thought. I find it hard to believe that the market finds a way to move UP against the ongoing current of terrible economic news. I guess todays falling oil price has everybody believing that all is “hunky dory.”
No sense worrying about that other $1 trillion of bank writoffs up ahead, let’s party!
hcrosby
August 11th, 2008 at 12:52 pm
Interesting thought. I find it hard to believe that the market finds a way to move UP against the ongoing current of terrible economic news. I guess todays falling oil price has everybody believing that all is “hunky dory.”
No sense worrying about that other $1 trillion of bank writoffs up ahead, let’s party!