Explaining Mr. Market by David Boaz
A banner Washington Post headline (page 11, print edition; slightly different online) reads:
Stocks plunge as trade deficit widens
Of course, they could have gone with
Stocks plunge as Linda McMahon wins Senate nomination
Or my favorite:
Stocks plunge as Cardinals sweep Reds
Since national trade deficits are not much more meaningful than baseball scores, it’s unlikely that this month’s report drove stocks down.
Posted on August 12, 2010 Posted to Cato@Liberty
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