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Dave M
Guest
imported post
Today strikes me as an instance of the triumph of mood or psychology. Oil remains high, we just had another rate hike by the Fed, and bad news out of Houston/Baytown. Nonetheless the indices are up, slightly. In other words the fundamentals are unchanged, we have had a down week so far, and today the market is up.
Has anything changed? Tom, is this a case-study for your thesis?
Dave
Today strikes me as an instance of the triumph of mood or psychology. Oil remains high, we just had another rate hike by the Fed, and bad news out of Houston/Baytown. Nonetheless the indices are up, slightly. In other words the fundamentals are unchanged, we have had a down week so far, and today the market is up.
Has anything changed? Tom, is this a case-study for your thesis?
Dave