Rebane's Ruminations
September 2011
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Day: September 28, 2011

  • George Rebane Time to vent.  One of today’s financial reporters again comes out with – “U.S. stocks sank in afternoon trading as investors worried about policymakers’ ability to contain Europe’s debt crisis.” (28sep11 WSJ)  You read this kind of pabulum constantly in the financial press.  ‘Investors believe X, therefore they sell’, ‘Investors look forward to…