The “Make Believe” NYSE Opening | The Big Picture

Good observation from Barry Ritholz about window dressing:

I was trying to figure out why the NYSE would open when not at full operating capacity……… Mutual funds are closing out their year on October 31st. I suspect they are desperate to get one last positive mark on the books before the new year begins.

via The “Make Believe” NYSE Opening | The Big Picture.

One Reply to “The “Make Believe” NYSE Opening | The Big Picture”

  1. I believe they are trying to project the stability that is ultra important for a leading exchange

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