FauxPolitik

Monday, March 17, 2003

Economy and War: The Dow charged out of the box this morning, after a brief hesitation. As I argued last week, those who make a facile case for why the markets move this way or that are often simply searching for a headline. Based on the latest moves, though, I think the market is showing a strong preference for the certainty of war over the uncertainty of more diplomatic posturing.

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