Barking Up the Wrong Correlation: Italian Election Did Not Cause US Market Slide
So yesterday’s Italian elections came in utterly inconclusive and as we slowly discovered that the center-left couldn’t beat out in any meaningful fashion Silvio Berlusconi or a comedian (some would argue that’s redundant) everyone categorically asserted that “Indecision 2013 – Italian Style” (thank you John Stewart) was the reason for the market slide on this side of the pond.  One of the most difficult aspects of this business lies in distinguishing between causation and coincidence because choosing between the two can lead one to clairvoyant positioning or a car-wreck whiplash.  The European crisis that is supposedly re-awakening and shaking ...
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here