Tuesday, September 13, 2011

The Invisible Hand Falls for the Joy Buzzer Again

Market Soars Following Latest "China Bails Out Europe" Rumor: Expected Rumor Half Life - 15 Minutes
Sez Zero Hedge:
Ok seriously, enough with this bullshit, please.

How many times can the idiotic market keep falling for the same old rumor over and over and over again?
You'd be surprised how often, and how desperate a financial industry locked in a trap with amateurish small governments will fall for it, hoping above hope.
That said, this is at least the 4th time that China has "bailed out" Europe in 2011.