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Thursday, September 18, 2003

Here's why I generally take the morning economic headlines with a grain of salt.

Headline 1: US stocks rise after positive economic data - Reuters

Headline 2: Stocks Flat on Mixed Jobless Data - FOX News

These headlines appeared at roughly the same time. Granted, the Fox News headline promptly changed to reflect the more positive economic news today, but the headline was, well... a bit hasty, don't you think? This is why business news should be read at the close of the business day.

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.: posted by Dave 1:39 PM





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