strawdogs

and now for my next trick

dead cats bounce

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A definition from the economist:

Any market, or economy will usually experience rapid appreciation after a deep enough shock: as traders put it, “even a dead cat will bounce if you drop it from a high enough height”.  That doesn’t mean things are good; it just means that after a gross panic, life goes on.

 

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Written by Peter Rudd

February 3, 2009 at 9:29 pm

Posted in money

Tagged with , ,

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