At the end of last week, the stock market looked like it was on the road to recovery. Being new to blogging on my own site, I decided to delete a post where I showed a significant declinging stock market trend over the last few months.
Any one else notice the Dow just took a dive today. Any chance the Stock market is reacting to the passage of Porkulous Maximus in the Senate?
http://finance.yahoo.com/q/bc?s=%5EIXIC&t=2y&l=on&z=m&q=l&c=
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Even the WaPo had admitted the connection -- in today's edition.
Stock market down another 150 points so far today.
I read a great piece on the new deal and the Depression recently. The basic point was investors were scared to put money back into the market because the government kept tinkering with the market and folks decided to wait.
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