The market is going to love it. The market always seems to applaud major mergers, even though the vast majority of them don't work out and don't increase shareholder value.
Barry RitholtzThe good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of little use to investors.
Barry RitholtzOne thing I detest most about the financial press is the lack of accountability. All sorts of nonsense is said without penalty.
Barry RitholtzIf I am going to trash others for their dumb predictions, I must at least hold myself to the same sort of accountability.
Barry Ritholtz