Leave a comment

And Now in Financial News…

SHOT ^^^



One for The Road:

Glenn Reynolds @ Instapundit:

PAUL KRUGMAN ON ELECTION NIGHT: “If the question is when markets will recover, a first-pass answer is never.”

CNBC, just now: “The Dow Jones industrial average notched another milestone on Wednesday, breaking above 22,000 for the first time.”

Yes, stocks will take a dive someday, because sooner or later they always do. But Krugman’s claim was that Trump’s election was so uniquely awful that they might “never” recover. Like most of Krugman’s claims, that was bullshit.


Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: