According to Alan Abelson: Are they still fighting the Franco-Prussian War? The November employment report: Hold the champagne.
The world does seem to be coming apart. So, everyone, let's hear it loud and clear—hip, hip hooray! For, frankly, we never dreamed that Apocalypse, or something close to it, would be just the spur the stock market needed to rouse it from the deep, dark slough of despondence it had been submerged in.
But that is exactly what happened last week as equity markets 'round the world in a flash shed their mourning clothes and went on a joyous tear. It seemed like only a moment before they had been thoroughly cowed by the looming prospect of global upset, ..
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