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| Economy |
| Are ObamaÂ’s failures making the stock market go up? |
| 2009-07-21 |
| IÂ’m serious. Just as it is becoming clear that Barack ObamaÂ’s presidency is floundering, the stock market is beginning to rise. If you look back at when it really started to tank, that tracks pretty closely with the moment it looked as if he might win the job. This morning it looks pretty bad for Barack and his spending programs and the market is jumping. Racist market |
| Posted by:g(r)omgoru |
| #5 Don't forget, there were little rallies during the Great Depression, too. This market is still way down from August of last year. |
| Posted by: Cornsilk Blondie 2009-07-21 16:01 |
| #4 I think the market is skittish because of Iran. At some point the balloon will go up and nobody wants to be caught with their pants down. So they play it safe. |
| Posted by: rjschwarz 2009-07-21 12:35 |
| #3 The unprecedented trillions in concerted global stimulus may have created inflation of equity asset values. |
| Posted by: Grumenk Philalzabod0723 2009-07-21 12:17 |
| #2 This is a long-term disaster which will take 5-10 years before most people understand the fix we are in. Day to day fluctuations in the stock market are just "noise". Anyone who thinks otherwise is free to |
| Posted by: Anguper Hupomosing9418 2009-07-21 11:19 |
| #1 The stock market... "never wasting a crisis?" |
| Posted by: Besoeker 2009-07-21 08:18 |