A Wild Ride

Yesterday, we experienced a wild ride in the stock market. The Dow Jones* started the day at 25,300 and ended approximately -1,000 points (-4%) lower, at 24,373.

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Laura Kuntz
Morning Tack: "The Santa Rally"

As humans we’ve learned to rely on pattern recognition to survive. When our great, great ancestors heard a loud commotion coming from the trees, the smart ones assumed it was a predator, like they had experienced before, and high tailed it out of there.

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Joe Downes