Stedsmen on Wall Street: Bulls or bears?
...Stedsmen! Okay. You all were probably thinking of the bad news and loses coming from China. Yes, that's certainly true, BUT it also true that Wall Street was hit by several Stedsmen. Joe Meares '10 and Chris Wilson '08 were not only on the trading floor but also on CNBC's Squawk Box- the morning's live broadcast from the trading floor. On his fifteen minutes of fame, Meares said, "Yes. Chris and I made a rare appearance on the 'Box', and at commercial break, I asked for a stock pick, they simply said, 'Avoid China, cash is king.'" Joe, they weren't kidding!
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