CNBC Exchange Shows Need for a Variety of News Sources

Can't help but enjoy Joe's take on 'smart' people questioning why stocks are up while the economy has fallen apart: "Why is that the smart people? They've been wrong for 35%. Why are they smart.. because they can see what is right in front of their nose? That doesn't make them smart; it makes them not savvy about the market."

Definitely guilty of joining the herd on that obvious question. The savvy must fight the obvious and focus on the Fed.
 
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