Wednesday, October 08, 2014

Market art

It was a thing of beauty.  Tuesday's U.S. equity market performance was a negative 1.62%.  Today's performance was a positive 1.63%.  On both days well known major investors with positive long term performance ignored the huge swings, while CNBC's analysts and preferred pundits were atwitter.  It was a masterpiece of market advice for those who hadn't noticed it before, or the many who need to be reminded of this fact.  One day rarely means anything.

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