Degrading GE
Posted on March 12th, 2009 by mark in Market Observations
For a while now, we’ve seen the situation where bad news has seemed to cause the stock market to drop farther and farther. If the prices of stocks do one thing only, they model the future expectations of investors – and the worse the news gets, the farther the markets fall. An odd consequence of [...]
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- Tags: credit, derivatives, GE