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When Even Goldman Says The Market Is Broken

By: capt_nemo in ROUND | Recommend this post (0)
Tue, 20 Nov 12 4:13 AM | 100 view(s)
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Submitted by Tyler Durden on 11/19/2012 - 18:43 Volatility

Today's market summary from Goldman about sums it up:

Though a convincing explanation might be hard to come by, equities posted a serious rally today. Tech leads as those stocks hardest hit of late also bounce the most. This means AAPL adds over 7% on the day. Hereâ€™s a fun fact: from Fridayâ€™s low to todayâ€™s high AAPL rallied over 12% â€“ or about 58bn in market cap. A rally always feels good but that type of volatility is hard to reconcile with a healthy market.

One question for Goldman: what's a "healthy" "market"?

http://www.zerohedge.com/news/2012-11-19/when-even-goldman-says-market-broken

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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