tracy byrnes, of fox's cost of freedom, may officially qualify as a member of DENSA.
for those interested in watching her spew the financial inaccuracies i quote below, check out this link: http://cosmos.bcst.yahoo.com/up/player/popup/?rn=289004&cl=2969804&src=finance&ch=1316259
tracy byrnes: "i have to say, i do think there is some profit taking going on."
really? thanks for the insight.
tracy byrnes: "stock prices are still up a good 20% off their highs."
hmmm, that doesn't seem to make sense.
tracy byrnes: "i think people are taking money (out of stocks), and i think they're putting it in the bond market, which is probably why the yields are going up".
tracy, when money goes into bonds, the yields on bonds go down. money has been coming out of bonds.
tracy byrnes: "the bubble bursted in '99."
the nasdaq burst in '00, the dow in '01.
how can this woman have a job on a national financial news program? wow.
for those interested in watching her spew the financial inaccuracies i quote below, check out this link: http://cosmos.bcst.yahoo.com/up/player/popup/?rn=289004&cl=2969804&src=finance&ch=1316259
tracy byrnes: "i have to say, i do think there is some profit taking going on."
really? thanks for the insight.
tracy byrnes: "stock prices are still up a good 20% off their highs."
hmmm, that doesn't seem to make sense.
tracy byrnes: "i think people are taking money (out of stocks), and i think they're putting it in the bond market, which is probably why the yields are going up".
tracy, when money goes into bonds, the yields on bonds go down. money has been coming out of bonds.
tracy byrnes: "the bubble bursted in '99."
the nasdaq burst in '00, the dow in '01.
how can this woman have a job on a national financial news program? wow.
