Wednesday, December 03, 2014

Economy

S&P 500 ties record for closing highs set in 1929. Nothing to worry about there.
"An encouraging batch of US economic releases helped push the S&P 500 to record closing and intraday highs and the dollar to a five-year peak as the market focus shifted away from volatile oil prices and back to the outlook for global central bank policy."
Central bank policy, not production.

I'm skeptical that the Sony hack was an inside job. Saying so makes it less scary, so it could be a lie.

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