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What Good is the News?
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Soundbite of the Day, Customer Service Department
Bush, Bernanke, Paulson -- we call them leaders. The Chinese think of them as the customer service department. I suspect the Chinese get straighter answers from them than we ever do.
Related: Alea has an intriguing answer to a question which has been bugging me: why is the dollar so strong, all of a sudden? In a nutshell, dollar strength = European bank weakness. Not good news.
(HT: Abnormal Returns)
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