What Have We Learned from the Market's Recent Stock Moves?
Did we learn anything from what happened in the stock market and the reversal that started near the end of yesterday and occurred today?
Listening to Larry Kudlow, the Director of the National Economic Council, as well as other academic economists and analysts all the while watching the way the market crashed yesterday and then reversed course today was more than sufficient for us to learn a lot of facts.
Among the many facts we learned a lot has been about the nature of the crisis . . .