What a Stupid Fixation the Market Had
January 25, 2011 at 00:18 AM EST
It doesn’t seem so long ago that every Thursday at 4 pm I would be strapped in seat hoping for the best and fearing for the worst. Thursday afternoon was when the money supply numbers used to come out. The numbers moved prices, big. Think of how the market reacts to monthly Non-Farm Payroll number [...]