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Next article FreeBack CoverPDFPDF PLUSFull Text Add to favoritesDownload CitationTrack CitationsPermissionsReprints Share onFacebookTwitterLinked InRedditEmailQR Code SectionsMoreExtreme Liquidity and Stock Market VolatilityStella:You know, I should have been a gypsy fortune teller instead of an insurance company nurse. I got a nose for trouble. I smell it ten miles away. You heard of that market crash in ’29? I predicted that.Jeff:Just how’d you do that, Stella?Stella:Oh, simple. I was nursing a director of General Motors. Kidney ailment, they said. Nerves, I said. And I asked myself, what’s General Motors got to be nervous about? Overproduction, I says. Collapse. When General Motors has to go to the bathroom ten times a day, the whole country’s ready to let go.Jeff:Stella, in economics, a kidney ailment has no relationship to the stock market, none whatsoever.Stella:Crashed, didn’t it?[Rear Window, directed by Alfred Hitchcock and written by John Michael Hayes (1954)](Suggested by Joe Jackson) Next article DetailsFiguresReferencesCited by Journal of Political Economy Volume 126, Number 2April 2018 Article DOIhttps://doi.org/10.1086/698130 Views: 396Total views on this site © 2018 by The University of Chicago. All rights reserved.PDF download Crossref reports no articles citing this article.

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