Single Factor Analysis
Friday, September 12, 2003
On Wednesday, the Dow and Nasdaq each suffered minor losses after traders caught wind of a new videotape from Osama Bin Laden. At least that's what reporters at CNBC and the AP said. But can the trading of billions of shares every day really be traced back to one driving agent - political, economic, or otherwise? Bob takes a long - and of course, skeptical - look at the business media's tendency to boil down the complexities of the market to a single operative factor.