Wake up everyone!!! We thot yesterday's leap would solve everything but stock gains were in falling volume and right now the peanut butter's hitting the outboard motor propeller. Futures: indexes -0.37%, metals -0.78%. Announcements that may or may not matter: Productivity, Unit Labor Costs, and Wholesale Inventories. Ah, someone plse check out this stuff too & pse let me know ur take:
There Is a Downside To ETF Investing - Simon Constable, Wall Street Journal study pdf
The 'Money-Empathy Gap' Is The Real Reason Why Washington Is Out Of Touc
The first article is the typical academics spend time/money to discover what every market-oriented observer has known for a long time type story. Perhaps Krugman can write a new article now on how new products cause disruption. I cannot bring myself to click through and read the other story after that early morning numbing.