New York Times: Initial Panic Selling Followed by a Numbing Business as Usual
Posted on July 08th, 2005 in Current Events, Stock Market
Very interesting article in the New York Times about how markets react to events like yesterday’s bombing — Initial Panic Selling Followed by a Numbing Business as Usual. Be sure to check out the multimedia features too. (via Big Picture)
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This post has 3 comments
July 8th, 2005
Interesting analysis combining reassurance, complacency, and hubris. I particularly liked the patched together images of the three head bankers (EU, Britain, and the U.S.) with hands clasped together in praying position…
July 9th, 2005
A related editorial from the New York Times: “When Fear Stalks, Tune Out.” –> http://www.nytimes.com/2005/07/09/opinion/09tierney.html?
July 11th, 2005
yeah man, that picture of the bankers was hilarious!