Investors Are Sticking With Pavlov’s Dog Until Everything Breaks

by Tyler Durden
ZeroHedge.com
Sep 5, 2016

Remember when “bad news is good news” first leapt into common parlance? At first it was used as a way to describe the reaction function of Fed policy-makers. It was taken as a cute turn of phrase in encapsulating the state the of the world. Over time, as Bloomberg’s Richard Breslow explains, it’s morphed into an ugly and cynical way of justifying mindless investing behavior.

The Rest…HERE

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