Terribly amusing posting on the Freakonomics blog yesterday that made me check if it was April Fool’s Day:
Thanks for the compliment — I think we both know this was correlation rather than causation.
We recorded that on Monday afternoon, and they posted it early Tuesday. But if you looked at the US Futures market, you can see they were very strong once Asia opened up big.
Chalk it up to fortuitous timing more than anything else . . .
Note: This was A bottom; whether its THE bottom has yet to be determined.
When Barry Ritholtz Talks, People Listen
STEPHEN J. DUBNER
NYT March 11, 2009, 1:13 PM
Thursday links: bullets dodged
Abnormal Returns, 12Mar09