05 February 2008

A Note on My Economic Updates

Just in case you are wondering, I don't generally discuss how the markets did on a single day.

There is simply too much noise for one day to mean much.

Additionally, the Dow Jones (Soon to be Murdoch?) Industrial Average sucks as a tool anyway. It's a completely arbitrary bunch of stocks.

Besides, on days with big swings, like today, you hear it on the radio, or whatever.

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