Geez, what a big surprise! Financial stocks have going down for months now. C just hasn’t been hit as hard as the other stocks. How did the media know C caused the market to fall? Did they call investors and ask them if they were selling because C was downgraded? I just can’t picture some joe six-pack saying, “Oh my god, C is in trouble. I better dump WMT.” A few days ago, the headline said, “Market rallies on CFC statement and MSFT earnings.” when the market went up. Do people ever stop for a second to ask questions when they see such silly headlines?
