The stock market seems to think that ending Quantitative Easing is better sooner rather than later, because you can only go so long with bad news masquerading as good news.
The market got a bit of a rally from some economic data. . . But don’t worry: The fundamentals still aren’t playing into the market’s performance. John Ransom also spoke with Mark DeWeaver about the Chinese markets – and how those impact us here at home.
No wonder consumer confidence is moving up. The government is lying about something, anything, and the people are buying it. So here’s to the margin of error, government economists and a smaller labor participation rate. Thanks to them we’ll tackle unemployment for twice as long, with half as many jobs. And no one will notice.
Police arrested about a dozen Occupy Wall Street protestors marching near the New York Stock Exchange on the movement's one-year anniversary.