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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