Saturday, July 25, 2009
As Obama's Ratings Fall, The Stock Market Rises
Anyone notice that when Obama's poll numbers plunge, the stock market rises. The stock market has come off it's best two weeks since 2000. It finally broke the 9000 mark for the first time in many months.
At the same time, Americans are waking up to who Barack Obama is and becoming more vocal in opposing his policies and plans for the country. Could the hope of defeat and roadblocks for Obama be helping the market?
At the same time, Americans are waking up to who Barack Obama is and becoming more vocal in opposing his policies and plans for the country. Could the hope of defeat and roadblocks for Obama be helping the market?
Posted by
Bungalow Bill
Labels:
Obama,
Stock Market
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I have been hearing a hint, a faint hint, of impeachment being muttered around. There may be hope and some change after all.
ReplyDeleteThe same thought occured to me. Don't expect the MSM market analysts to say so; they will find some Obama-neutral cause for this rally.
ReplyDeleteI'm still skeptical. It might be a 'sucker rally'. Even if it is, some folks have a chance to pocket a few honest dollars.
Perhaps the recent move in the market is owed to traders and ivestors sensing that the Obamanation Socialist agenda is losing traction. We can hope - my net worth certainly hopes so too.
ReplyDeleteBTW too Bill, you should put up the email list from Conservative Girl that I have up.
ReplyDeleteLets hope the sheeple are waking up.
ReplyDelete