Reporter’s Notebook: “Animal spirits” and the stock market


Reporter’s Notebook: “Animal spirits” and the stock market – CBS News

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When the market crashed earlier this week, a White House adviser said, “We’re seeing a strong divergence between animal spirits of the stock market and what we’re actually seeing unfold from businesses.” But what does the “animal spirits” remark mean, and how is it evolving? John Dickerson explains.

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