Out of Thin Air
A headline after the market close today:
Stocks stumble on record oil, inflation worries.
Really? How did this AP writer know that it was THOSE two factors that made the Dow Jones Index drop around 200 points? Do you think he really had a way to connect the drop to the factual issue of high oil and the subjective feeling of “worries”? Or does anyone think that just possibly he made up the headline out of thin air? And that just possibly (like every other day) many people read the headline and said, “Sure, that makes sense, I guess it is time to do something?”













