These little anecdotal stories that keep popping up are akin to the stories about the Turkish Lira. The MSM is relaying a financial crisis where.... cooler heads prevail. From Jim Cramer this morning on Twitter...
"Lotta good scare stories about how the big Turkish companies borrowed in dollars and could take us down. I added up the top ten companies together-they are smaller than $JNJ. I be shaken now boss."
Rather, people have trouble seeing the bigger picture.