On Aug 8, 2011, at 3:05 PM, Fernando Cassia wrote:
> I remember reading a quite good rebuttal about the lack of
> significante of the stock markets´ ups and downs vs the real economy.
> I think it was at LBO. But of course, now that I need it, I can´t find
> it.
Day-to-day moves are meaningless. This one is prompted by Wall Street's reconsideration of the state of the economy. It's dawning on them that it's not so good.
Doug