Can Anyone Shed Light On How The Market Is Reacting To The “economic Stimulus Plan”?
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its going down faster than Barney Frank in a gay bath house
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Initial round of stimulus probably didn’t work. Once you give companies some money with no specific conditions, how in the hell would you distinguish those companies are using those stimulus money as it was originally intended?
This is why you see news like after some companies receive gov stimulus, execs get billions in bonuses, exotic vacations, new corporate jets…etc.
Stimulus, intended to spur on economy is basically being used to sustain high life or corporate executives.
We have a President who believes in redistributing wealth and makes it evil to be successful. Our market won’t ever recover as long as he’s in office. There’s no incentive to do well when the more you make the more Government takes. We need a smaller Government and we need to get Government out of our lives unless it’s needed.
It won’t.
Stimulus is not the problem. The problem is Businesses DO NOT HAVE ACCESS TO THEIR LINES OF CREDIT ANYMORE!
Obama has completely missed the target on this and I’m afraid he never will get it.
The FED must make lines of credit available to companies RIGHT NOW because the Saudi bankers have NO INTENTION of doing it!
The Saudi bankers WANT TO foreclose on everyone’s home!
The market do what they do, try and make money. They try a buy low and sell high. They haven’t had much success lately, so they cash in whenever they have a chance to make a few bucks.
They like to have a excuse to make the markets rise and fall, whether legitimate or not
yesterday at closing, it was 8000.14. it has been dropping by 65-100 points a day on the average i’d say, since obunghole’s been in office. the same as it was before he got there
Poor in the end. Came up for a Short time and went right back down. I think the talks should be televised it gives the homeless and unemployed some entertainment value and will speak to their needs
It isn;t .
Its reacting to Obama being President!
Thats why it shed 100,000 jobs in one week and the layoffs continue.
Looks like wallstreet isnt buying all Obama’s hope and change B.S.
Business is pulling in covering up vitals and looking to ride out the Obama storm it looks like.
It has been dropping every day for the past four days.
what market?
Dropping and layoffs.
has not happened yet , let the bills pass and take hold , also the new bank bailout will go a long ways.
I think they are puking on the Exchange Floor