Wizards, spells and equity markets
Date : 24/06/2009
Author: Venkateshwaran Ramadoss
I wonder how much time and effort the likes of Shakespeare would have needed to popularize their literary phrases compared to the time taken for the phrase “Green Shoots”, coined by Ben Bernanke. We all know that Economist publishes a monthly bar chart indicating the number of times the word was used in the media. I marvel at the sheer power and ability of such people to make the market jump like a puppy for a cookie, in a hope for a cookie rather.
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