Wednesday, August 15, 2007

Call off the party

Markets settle down after storm

After spending the first half of the day watching the FTSE and Dow go negative, they're now looking far healthier. Darn.

Posted by disillusioned @ 04:42 PM (515 views)
Please complete the required fields.

One thought on “Call off the party

  • dohousescrashinthewoods says:

    And then, as if by magic, the Dow slam-dunked itself very convincingly below 13,000.
    I’m no expert, but I can see this “one step up, two steps down” carrying on until a lot more of the scant truth is out.
    I guess the market can only be rational based on the information it has, so spin and obfuscation are both counterproductive, but perverse incentives remain for companies and governments alike to prevent the dissemination of accurate information.
    Is there anyone who is willing to tell the truth, even if it is not in their visible interest, just because it’s ultimately better that way?

    Please complete the required fields.

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>