Thursday, August 04, 2011

Gobbledygook

It's not hard to find nonsense on the airwaves these days but surely the most meaningless babbling one can find comes out of the mouths of those "explaining" the daily behavior of the stock market. This is after-the-fact quarterbacking at its most pretentious and, if you listen carefully, hilarious dimension. The fact is, of course, no one knows how the stock market will react to anything, which history establishes well enough, and which explains why everyone isn't a millionaire, but to hear these commentators you'd think we were dealing with "a science" here. Economics is our national religion.

No comments: