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Friday, March 04, 2005

The financial press--BS'ers extraordinaire

Two headlines from CBS Marketwatch:
Dollar beaten down by jobs report: "The dollar crumbled a bit against the euro and yen Friday, after a 262,000 increase in new U.S. jobs last month fell short of some economists' expectations."

U.S. stocks rally on better-than-expected jobs data: "U.S. stocks rallied Friday as better-than-expected jobs growth in February suggested the economy was growing at a steady pace with few signs of inflationary pressures."