Monday, July 14, 2008

Laughing on the Outside, Crying on the Inside

This isn't a financial blog, but it's no secret that both the NYSE and NASDAQ markets are in bear territory, banks are failing, tens if not hundreds of thousands of people are losing their homes, unemployment is up, and the economy is a mess. So when I turned on CNBC this afternoon, why did I see a bunch of nimrods at both markets smiling and clapping, when they both closed down yet again? Can't they put the "clap & smile" at the market close on hold for a while? It makes it look like Nero is in charge of our financial markets.
Zemanta Pixie
Post a Comment