Understanding the Wall Street Cliché: It's Not the News...
November 21, 2013 at 12:33 PM EST
One of the oldest clichés on Wall Street suggests that "It's not the news, but how the market reacts to the news that matters." Cutting to the chase, Wednesday's market action seemed to exemplify this concept. While large intraday swings in stocks isn't exactly a new phenomenon, moves of more than one