Facebust!

Bill Bonner explains why buyers of Facebook shares have fallen flat on their faces.

Yesterday, stocks bounced just as they should have. After two weeks of falling, they were ready to bounce. Heck, even a dead congressman will bounce, if you drop him from high enough.

The Dow rose 135 points. Not very impressive, after so many down days.

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MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.