When Obama speaks does the stock market freak out or what is the market scared of Obama?
July 30th, 2010
When Obama speaks does the stock market freak out or what is the market scared of Obama?
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Every time Obama talks, the stock market drops. Every time the stock market drops, consumer confidence drops. When consumer confidence drops, businesses fail and people lose jobs. People lose jobs and then lose their assets and homes. Common sense tells you Obama and his democrat run congress are incredibly bad for America.
Why can’t the supposed "intellectual" liberals explain why as soon as Obama’s spendulus bill passed, the stock market has been continuing to plummet downward. If this bill is what America needs, wouldn’t the opposite be happening in anticipation of "good times" to come? Liberal democrats have infested and dominated California politics, and look where they are today…close to being bankrupt.
Libs can’t hide behind fantasy forever. Reality will slam them down hard and soon
None
The stock market is motivated or demotivated by FUTURE predictions…not past….so YES, his policies are freaking out the market.
Neither.
The market is at the whim of speculators and near-suicidal stock brokers.
The president’s actions have little effect on it.
He eats way to many Funyuns!!
No. The market is doing its own thing based on the global economy and what big business is claiming the need for gov’t bailouts.
The market is just reacting to his socialist views and radical ideas. The market will continue to fall while Obama resides at 1600 Pennsylvania ave.
The stock market has no faith in these polices and that the economy will recover with them A falling stock market is a no faith vote. Get used to it for the next three years. We are just at the beginning. Did you know that the unemployment rate has doubled 4Mil–>8mil. since Obama took office.That is several 4 million jobs/families. How is that for change?
The stock market drops every time the man speaks because the speculators are scared of him and what his spending is going to do to us long term. He is not actually doing anything to get us out of this economic crises… On an individual level, if we cant pay our bills, we aren’t going to be able to fix our situation by more spending…more spending is just going to make it worse. Why would it be any different on a government level?
The market does not like him.
The market peaked in October 2007 at 13000
and “came tumbling down last spring, to 11000, losing 20%
when the bursting of the housing bubble started to add up to massive losses for Wall Street banks and other financial services firms tied to bad mortgages.”
after the public found out that Bush and the G O P’s deregulation of EVERYTHING caused false values and NOTHING is worth what THEY PROJECTED
of course confidence is OUT and people don’t want stocks in companies that LIED about their profitability while paying their CEO multi-million dollar bonus’s—–DUH
AND you have a big mouth that a couple million people listen t, everyday tell us of doom and gloom and how
He ruined America
He’s turning us into socialists
and all that crap
yet YOU expect people to have confidence !!!
your team should be the one shutting lardazz up—-he is hurting you folks more than anyone
yes f rom republicans
no from democrats
maybe from independents
don’t know from majority
who cares from non voters
the devil knows from moral majority
It is the natural aversion to communism that the capitalist market has.
because their greedy ways are coming to an end
Warren Buffet now seems to think so.
No, not really.
Some have realized that The "Stay the course" idea of The Market is over.
They will get over it soon though, look at all the money to be made with lower prices.
By the way, THE DOW dropped from about 14,000 to 6,500 during Bush’s term.
Far more of a drop than now.
It has nothing to do with the President it has to do with the job loss. Start listening to intelligent people not fixed news & Rush with thinking.
When powerful people speek the market will reacet. So what Obama says does effect the market.
We speak of the market as though it is an entity. The market is not an entity, it is people. People like you and I who choose to invest. Obama has not generated any consumer confidence. In turn no investor confidence has been produced. This is a direct result of his plans. One is that he is spending massive amounts which no one knows how they will repay, but many believe that it will be through increased taxation on much lower incomes than what is being reported by the administration. The second revolves around all the new tax proposals on individuals, businesses and commodities. This last is most detrimental to the market because it drastically reduces expectation on returns from investment. Obama needs to back off on his agenda, slow the spending and definitely can the tax increases. These things would provide some breathing room and a possible platform for the beginning signs of recovery to take shape. Everything with Obama is now, now, now. He is trying to cram thirty years worth of Democrat wish shopping into his first 3 months in office.