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Ask the Professor Q&A
Location: Wall Street
Reporting: Prof. Bakeman
Date: 19 Jun 2002
Time: 09:48
Yet another bumpy day for investors. Please read the quote from MSNBC below:
“A warning from Sprint as well as deterioration in consumer sentiment dogged shares”…
It seems that something even more fickle than Mommy’s charge-card is responsible for the ups and downs of largest economy the world has ever known. MOMMY'S MOOD holds sway over trillions of dollars a day! No wonder the pundits and analysts can’t make sense of it.
I end this report with an insider trading tip that goes out to all guys married to Mommies: Try hard to make them happy over the next few months, raise their “sentiment”, and then get the hell out of the markets before the Mood of Mommy turns dour once more.