Once Popular Chicken Little Is Quite Lonely

Europe is falling apart, thereâ??s gridlock in Washington, and the US economy grew at an anemic 2.2% pace last quarter despite more than $10 trillion in stimulus. Still, thereâ??s an age-old adage on Wall Street that the reaction to news is more important than the news itselfâ??and despite a steady dose of dour news, the stock market trades just fine, thank you very much.

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