Wednesday, May 30, 2012

Boilerplate Market Reporting; Euro Mess; Weak Paper Gold

Yesterday (Wednesday), the usual market boilerplate reporting was in full force within the media. Stocks did rise by 1%. The best reason that CNBC, as an example, could come up with was that stocks rose on “optimism” in Europe. As usual, very funny stuff. This morning all the “optimists” have apparently taken their “less optimistic” pills and futures are signaling a lower open. It’s the typical uninformed information that investors are regularly presented with. As JP Morgan....

Please read more here:

No comments: