ignoring fundamentals

Mike Bertelsen

Stocks ignore macro data changes. In 2007 macro data turned down. Fundamental data is low frequency. This is a high frequency market.

Link to the story from Tyler Durden:

The Market Can Only Ignore Fundamentals For So Long
http://www.zerohedge.com/news/2013-01-20/market-can-only-ignore-fundamentals-so-long

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