Fed: Don’t Bet on QE3
March 18, 2011 at 13:20 PM EDT
One of the first rules of statistics is “Correlation does not equal causation.” The mere fact that two events happen simultaneously does not mean that one caused the other. The Japanese catastrophe is obviously bad news, but is it really driving down stock prices in New York? In some cases, yes. Other factors are . . . → Read More: Fed: Don’t Bet on QE3