Tuesday 3 March 2009
The Manic-Depressive Market ☀
Wading into a discussion about the stock market is dangerous business. In contrast to politics, where there are relatively few people willing to do serious quantitative analysis, there are entire industries full of such geeks in the financial sector. Still, the performance of the markets is something I think about a lot. It’s something I have to think about because the stock market is increasingly being used — often wrongly or disingenuously — as a proxy for the success or failure of the Obama administration.
