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What Has Really Changed?
“What’s different?” asked colleague Manraaj Singh at this morning’s conference.
Early every morning, while most Americans are still in their beds, your editor joins a group of analysts and financial journalists to discuss the day’s news.
“What happened to the price of copper? Why are Asian stocks going down? Are they really going to cut rates today?” The answers are not always satisfying, but the questions keep coming.
And the question this morning was: what has really changed?
U.S. stocks held steady yesterday, but they’re down 5% so far this year. The dollar held steady yesterday too, but it is…
6Jun2008 | Daily Reckoning | Comments Off | Continued
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