How to lose credibility.
ZeroHedge had this headline earlier this morning:
The Dow is up 60 points. Dow down 3 points. NASDAQ up 3 points.
The market is at all-time highs; even if the market pulled back today, one could say it's nothing more than a bit of profit-taking. In fact, all three major US indices are "up" today or very slightly negative, and all three could hit all-time highs today. It probably won't happen but the market, thank you very much, is doing just fine, regardless of what ZeroHedge has to say.
ZeroHedge had similar "cups-half-empty" stories regarding inflation and GDP today.
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Yawn
Headline / breaking news over at Yahoo!Finance earlier today.
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