I Look Around Three Times, from Laurel Kenner

2011-08-08 · Alex Castaldo, Laurel Kenner
Original source

If there has been one consistency in the past two weeks, it is that market reactions have been the opposite of what might be logically expected. I look around three times when I say that for fear that reactions will now switch to the obvious.

Alex Castaldo adds:

Another example today 2011/08/08: The newly downgraded 10 Year US Bond went down in yield by 24 bips.