Thursday, August 13, 2009

Taleb: The Stock Market is deceptive for determining current state of the economy

So I saw this post on Zero Hedge
Tyler Durden from Zero Hedge seems to agree with Taleb's assertion about the impact of the Marginal Buyer.

What I found interesting was his example of how a set of trades totaling $50 Billion dollar trade could drop the entire market by like 12%.

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