Thursday, February 21, 2008

The Edison Effect


So the Edison Chen news conference (in which he quits showbiz) started about the same time HSBC said it may not be cutting rates inline w US monetary policy - thereby leading to a sharp drop in the market.

The Edison Effect, they called it.

I thought the Edison Effect was a tech bubble as people replaced instead of fixed their PCs.

Or started using Gillette (now P&G) products more, maybe? (That's just a smutty joke, by the way. Sorry.)

(In case you care, here's the REAL Edison Effect.)




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