http://thesocietypages.org/economicsociology/2008/11/07/opiate-of-the-markets/ Brooke Harrington explores the social underpinnings of money and markets. Thu, 12 Jan 2012 15:11:41 +0000 hourly 1 http://thesocietypages.org/economicsociology/2008/11/07/opiate-of-the-markets/comment-page-1/#comment-19 Thu, 13 Nov 2008 02:15:39 +0000 http://economicsociology.wordpress.com/?p=90#comment-19 These types of reactions are typical when financial markets and real economies are weak. I think that most analysts expect markets to be volatile like this for the next year or so. Probably anything that even hints of good news is going to produce some kind of spike, which will then be cut down by an ensuing sell-off by profit-takers. Look for the same thing to happen when the government announces a bailout of GM.

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