[lbo-talk] that explains it!

Jacob Segal jpsegal at rcn.com
Mon Jun 19 16:03:24 PDT 2006


On 6/19/06 6:51 PM, "Doug Henwood" <dhenwood at panix.com> wrote:


> Here's an AP headline explaining today's US stock market action:
>
>> Dow ends down 72 on lack of economic news
>
> That's creative! They couldn't just say that the market had to do
> something, and falling 72 was as plausible as rising 72. Humankind
> cannot bear very much randomness, as TS Eliot might have said.
>
On the principle that no news is good news one would have expected the market to rise.

Jacob



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