It’s leap day today, and the stock market celebrated by plummeting. Stocks dropped yesterday, as well.
I think it’s because at his press conference yesterday, George W. Bush said, “I don’t think we’re headed to recession.”
Yikes! That’s about as official an announcement as you can get that we are headed for a recession. Wall Street insiders know you should never, ever, ever believe anything George W. Bush says. They ain’t dumb.
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