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Stocks rally on news of more bad news

Filed under: News, The Economy — Tags: , , , — houstonwade @ 3:18 pm October 28, 2008

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I have said it before and I will say it again; Harvard Business School is ruining our country. The people that go to, and graduate from, this “hallowed” institution have got to be the dumbest of the dumb. Stocks surged to their second largest one-day gains in history on the news that consumer confidence is at an all-time low and that home prices are 80% of what they were a year ago. Tomorrow I guarantee that the market will be down hundreds yet again, erasing all jovial gains made today, because we have a bunch or scitzos running things.

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