All Just Players At The CasinoNow - truth to tell - I've NEVER paid attention to CNBC, BUT - yes, it is striking that professional commentators continue to pretend that "investors" know things!
I don't pay as much attention to the world of CNBC and satellites as much as I used to, but I'm still struck by how much people in that world actually believe "investors" know things.
[emphasis added]
If nothing else, you'd think that past few years would provide sufficient evidence that investors resemble a herd of wildebeests, not rational players!
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