Filed under: International Markets, Rants and Raves, Market Matters, BP p.l.c. ADS (BP), Politics, Sunday Funnies, Recession, Financial Crisis
All it takes is one story to ignite the market, reverse fortune and increase volatility. In the past two weeks this has happened a lot, as the tug-of-war between bulls and bears plays out. The fervor created by headlines portrays investors with little conviction about what to do with their money.Inflation or deflation, what can we look forward to? Is China going to blow-up its economy with its very own housing bubble? Will Greece default and others follow? Will BP p.l.c. (BP) stock fall deeper than its undersea gushing Gulf of Mexico oil well, and take other oil service companies down with it?
Does any of this matter -- yes and no.
Continue reading Sunday Funnies: Market Reruns Not Returns
Sunday Funnies: Market Reruns Not Returns originally appeared on BloggingStocks on Sun, 13 Jun 2010 19:00:00 EST. Please see our terms for use of feeds.
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