I wouldn't count on the Stock Market to be a gauge for anything outside of the pyschoses that animate the market itself. Now if Bush and Cheney start a war with Iran or with Russia over Georgia, then I'd watch the market as it tanks over concerns over $200 and up barrels of petrol.
Gary SF
· 1 year ago
But the dollar has been consistently climbing against the euro, for more than a month. What does it all mean?
Joneses
· 1 year ago
Elections, well until it ends. Hopefully in our favor.
phadrei
· 1 year ago
It means the sub prime meltdown has met the credit crunch world wide and the contraction of the worlds economies are starting to feed on each other.
fostert
· 1 year ago
I don't really think it will sink the Republicans. Yes, it's their fault (and particularly that of Phil Gramm), but explaining why is just too technical for most voters. Voters are certainly feeling hard times, but they don't really know why. In 1992, Bill Clinton could explain why, but he's a pretty unusual politician. He really has a knack for explaining complex issues in a manner that regular people can understand. Obama's a great speaker, but he really doesn't have Bill's talent for empathy. And I don't think Bill is really going to help us out. Nor do I think Obama wants him to. The economy issue won't work for us like it did in 1992.
KarenMrsLloydRichards
· 1 year ago
Why does Wall Street HATE moose-huntin' hockey moms? Palin IS ready from Day One to preside over the American economy! Why won't Wall Street accept that?
Joneses
· 1 year ago
No, it just hurts people like me.
DevilDog
· 1 year ago
Don't use Fed as a 'magical piggy bank'. That's what Alan Greenspan (AKA Mr. Andrea Mitchell) said. That's odd, because I thought he invented the concept (along with serial bubble blowing). Now he tells us!
All Comments
just like republican peace.