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"This business is more rational than a lot of other retail sub-sectors, " says Stephanie Hoff, an analyst at Edward Jones.
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Most market experts would agree that the equity markets, with correlations amongst stocks at all-time highs, are a lot less rational these days.
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There are obviously some redneck, old-boy types down there, but there are a lot of very thoughtful, rational people in the membership and they feel as strongly as I do.
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And yet the truth is that much of the time people are a lot closer to the Luo than to the rational planners described in economics textbooks.
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Perhaps he just gets tired of the rather forced passion play that is the lot of a democratic leader, and believes too much in the force of rational argument.
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