There was a telling moment yesterday on the NYTimes.com website. It was just after 10:30 in the morning and the top of the site featured a breaking news article about the S&P 500 heading into higher territory. The article offered the usual litany of explanations, from better than expected news on housing starts to a surprising uptick in retail sales. But here's the catch: by the time I glanced at the article it was already obsolete, with the Dow and S&P down by a significant amount. A few hours
Published on June 17, 2009 05:42