Global Markets Rise on Rumor
Global Markets Rise on Rumor That Humans May Briefly Behave Rationally Unverified Report of Coordinated De-Escalation Sends Indices Up 2.3% Before Someone Reads the Follow-Up Global equity markets rose sharply on Wednesday morning following an unverified report that parties to the current Middle East standoff had agreed to a preliminary framework for talks — a development that, if true, would represent a significant de-escalation and, if false, represents a significant…
