re: #304 steve_davis

never pay any attention to financial headlines. they have no idea why the market is going up or down on any given day, but they need to write articles pretending they do. “Stocks go up because interest rates are scheduled to go up by only 25 basis points.” “Stocks go down because interest rates are scheduled to go down by only 25 basis points.” It’s all a random walk.

It is also because people who write about the markets need to come up with copy even when they have no relevant or valid information.