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Thursday, July 05, 2012

Price and Time Comes Together

Sometimes that perfect combination of price and time comes together. This is one of those times.

The market reacted negatively to better-than-expected job creation in the private sector this morning, even as the European and Chinese Central Bankers were cutting interest rates. This unexpected reaction has a lot of people puzzled. But, it's just another indication that the perfect price and time has coincided.