OH THE HORROR! Asia Stocks Tumble!

After a day of skiing the crap out of Mount Sunapee today, I checked in with my friend, The Internet, to see what was going on in the outside world.  For a moment I was curious when I saw the headline “ASIA STOCKS TUMBLE ON MIDEAST TENSIONS, OIL UP,” from the venerable Reuters.  When I clicked on the article, however, I found out the facts:

“The MSCI’s index of Asia Pacific shares outside Japan eased by 0.3 percent after advancing 2.5 percent last week, its best weekly performance in two months.”

A 30bp pullback following a 2 1/2% up week is now described as “tumbling” ?!?!?

Reuters Fail.

-KD

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