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No it didn't, everyone that has equity in the stock market has a vested interest in it going up. Those two things may not have anything to do with the article but they have everything to do with where the market is headed. Asset inflation driven by Ben's printing press. Deflation driven by the collapsing debt bubble. http://www.urbandigs.com/total-credit-debt-percentage-gdp.jpg Pick one. Long term the collapsing debt bubble will win.
Maybe next time two people will have fat fingers that hit the 'B' key instead of the 'M' key on their keyboard and we'll be living in a mad max-esque wasteland.
Maybe next time two people will have fat fingers that hit the 'B' key instead of the 'M' key on their keyboard and we'll be living in a mad max-esque wasteland.
What matters are the long-term numbers. Blaming one person for one day's performance in the stock market is just silly. So, if the stock market rises tomorrow, will you give credit to Obama for it? Of course not.
Right and that's the point. It is "kneejerkery" since the OP saw some bad news and couldn't wait to type "Obama" along side it.
CEO's at Goldman should be shipped to Greece. The Greek people want them on a Shish Kabob
One deal created by Goldman Sachs helped obscure billions in debt from the budget overseers in Brussels.
In 2005, Goldman sold the interest rate swap to the National Bank of Greece, the country’s largest bank.
so maybe Obama and Geithner should be shipped to Greece also?
There were no erroneous trades on shares of Procter & Gamble or in any other shares at the New York Stock Exchange on Thursday, said Eric Ryan, a spokesman for the exchange.
And no, I dont think presidents are to blame or credit for the dow, but you liberals sure did use the dow as a sign of economic recovery...
Obama dis, Obama dat
The market is not the economy
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