Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: tobyhill

How does this affect the stock market? Does the dollar go higher or lower? Or do they both plunge simultaneously?


8 posted on 08/06/2011 5:48:30 AM PDT by Joyell
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Joyell
The S&P did Obama a favor by waiting till Friday after the markets closed but my guess is Monday both will crash.

I think morning trading will be about a 400 point drop then recover a couple hundred from bargain shoppers.

12 posted on 08/06/2011 5:56:57 AM PDT by tobyhill (Real Spending Cuts Don't Require Increasing The Debt)
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson