Before this announcement, the Dow closed down 158 today at 12,938
he yapped, but he didn’t say anything
Who is the fag in the picture at the link?
jOkeass makes me sick.
Was Wall Street happy after he got re-elected? Elections have consequences.
He causes as much destruction as he can - but he’s only one man.
Dude, is there something your not telling us? Not that there’s anything wrong with that.
yer a girl, right?
Q:What’s the diff between the Obamahole and a normal human Obamahole?
A: More useful stuff comes out of the human Obamahole.
There is no lower life form in the multiverse than the Obamahole/felon/cretin/dork/etc/etc/etc.
He is slime, he is a sandworm, he is feces, he is smegma....
The wrecked plane represents the “esconomy”.....the guy represents I don’t know....All the guys will look buff and have talent.
It’s his dictatorial way he said it was why the markets were spoofed.
Sorry but this is not accurate. At 3:40pm , with the Dow down about 80 points, but stable, Eamon Jafers went on CNBC from the White House and announced that based on his sources the President would not offer any new proposals. This really disappointed the markets because the perception was why come back from Hawaii if there wasn’t movement towards an agreement (remember that the House Reps were told to be back in town to vote on Sunday). This greatly disappointed the markets and the sell-off accelerated.
The futures selloff beyond that was a piling on due to low volume late in the session (if you wanted as a portfolio manager or hedge fund manager to either get short or lighten up positions you couldn’t when the market was open because there wasn’t enough volume to trade against. So those managers decided to sell futures against their position, resulting in this plunge after-hours. If it is a hedge against a long position it does not necessarily mean the sell-off will occur on the opening Monday.
The real issue as i see it is that Obama now looks like a fool for coming back to D.C. without a deal already decided. This looks like grandstanding to Wall Street (and they are right about that). It makes him look ineffective and the next wave will be whether the overseas investors pull money out Monday morning. The only saving grace in all this is that market participation is still pretty soft, which should limit some of the damage next week.