Rumor Quotes
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We knew it was coming but there were some rumors of a possible 50 basis point cut (a half a percentage point) and every time that happens it sets us up for disappointments. The reality is a very large majority of people don't know how to react to this so they're taking their cue from the market. It's really indecision.
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Rumor is rarely more interesting than fact, but it is always more readily available.
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Rumor and gossip, like sound itself, appear to travel by wave-effect, sheer preposterosity being no barrier.
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A few days before the [Mr. America] contest we heard rumors about a man who had throngs of people following him along the Lake Michigan Beach front, and we couldn't imagine who could draw crowds by merely walking along the beach!
