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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhat's up with Wall Street
It goes down q150 after Obama won. I guess they have bad day
spanone
(135,873 posts)JHB
(37,161 posts)earthside
(6,960 posts)... and what the talking heads blather about on CNBC, Wall Street is about placing bets to make money.
Up, down, sideways, it really isn't about who is president or whether or not it is colder today than yesterday -- the gamblers make micro-trades on stocks to make money; and they short to make money; and they trade to make commissions.
It rarely is about anything else. So, yesterday's gain and today's retreat (thus far) just means some gamblers are busy ... gambling.
fleur-de-lisa
(14,628 posts)and the uncertainty of the fiscal cliff. Let's wait to see what that ass-wipe Beohner has to say later today in his press conference.
abbyg8r
(66 posts)It's the concern about the fiscal cliff. Republicans already spewing obstructionism.