Tuesday, July 22, 2003

The General just loves headlines like these, from the wire services today:

Dollar Gains on Saddam Sons Report (Rueters)

Stocks Up After Report on Saddam's Sons (Reuters)

Remember, when economists start trotting out their incantations like homo economicus and rational expectations, just remember they're voodoo priests trying to scare you. Markets really are irrational -- to the hilt!


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