Ever notice how CNN, FOX, etc. comes up with an explanation for the stock market rising or falling on a given day? They seem to pinpoint the reason for the change in the market, like "improved consumer confidence in stock 'x'" caused a 200 point gain, then the next day they'll tell you that "continued housing woes" made it drop like 300 points - as if investors didn't know that the housing market is dismal already. Where do these explanations come from? How reliable are they - thoughts?
2007-10-15
12:01:54
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8 answers
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asked by
NormJunior
2
in
Investing