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Politics : Sharks in the Septic Tank -- Ignore unavailable to you. Want to Upgrade?


To: hobo who wrote (3828)1/29/2001 10:59:14 AM
From: Lane3  Read Replies (1) | Respond to of 82486
 
interestingly, i thought of a parallel with financial markets, how they always exaggerate

I agree that that the behavior is similar in the exaggeration. The reason may be different, though. Markets anticipate news where, with public policy, there's a lag between the detrimental affect and the public's recognition and subsequent correction of it.

Karen