Single Factor Analysis

December 19, 2003

Closer to home on Sunday, celebrations and congratulations were in no short supply throughout much of the broadcast media. And when the trading day opened on Monday, the big question for financial reporters was whether the general euphoria would be driving the markets on Wall Street. Fair enough…but as Bob reported this past summer, the compulsion to tie market movements to much less significant external events is all too often a reflex for financial reporters.


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