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Letter: Market information tautology

Published 26 November 2008

From Alan Webb

Mark Buchanan writes about how speculative information causes people to act in stock markets (1 November, p 15). Last summer, the satirical newspaper The Onion ran a story headlined “Stock market rises ten points on rumours stock market would rise ten points”. Rings true, doesn’t it?

The editor writes:

• Even better, we find many instances of people talking about such a story in The Onion, but we can’t find the original.

Boulder, Colorado, US

Issue no. 2684 published 29 November 2008

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