savior obama to speak in 1 hour

[Vertnut]

ECB chairman Juergen Stark resigned, that is a big deal especially under the circumstances in europe. as far as obamas speech, there were no surprises in it, so nothing for the markets to react to.

The market is down 250 points, and it's not just because Stark resigned. Washington would like for us to think that, but it's just not true. O'Barry's speech was no surprise, but the business community (of which I'm part of) is really starting to realize that he is out of idea's and doesn't care for small business.

[Cannonball996]

The market is down 250 points, and it's not just because Stark resigned. Washington would like for us to think that, but it's just not true. O'Barry's speech was no surprise, but the business community (of which I'm part of) is really starting to realize that he is out of idea's and doesn't care for small business.

did anyone learn anything new last night about obama that we didnt already know before? of course not. the speech had little to no effect on the market, this is all on europe. just look at the dive the european markets took just be fore they closed, they took our market along with them.

[Vertnut]

did anyone learn anything new last night about obama that we didnt already know before? of course not. the speech had little to no effect on the market, this is all on europe. just look at the dive the european markets took just be fore they closed, they took our market along with them.

Is that you, Warren Buffet?

Even Yahoo:Business News has an article about Bernanke/Obama's lack of answers affecting the market.

[BP]

I didn't get anything out of the speech other than he plans to work together. I liked that Boehner had the power tie on while Biden was wearing some pastel blue thing.

But hey Steve Case was there, maybe he'll save us all? Obama appointed him as the chairman of the Startup America Partnership. I guess at least he created one job.

[Cannonball996]

Is that you, Warren Buffet?

Even Yahoo:Business News has an article about Bernanke/Obama's lack of answers affecting the market.

still nothing new came out last night to trigger a move in the market.
I am still not sure on anything bernanke is doing, FED speak can mean one thing to someone, and mean something completely different to someone else. with the euro on the verge of collapsing I do think the fed needs to take a more defensive approach in order to protect the dollar.

[Vertnut]

still nothing new came out last night to trigger a move in the market.
I am still not sure on anything bernanke is doing, FED speak can mean one thing to someone, and mean something completely different to someone else. with the euro on the verge of collapsing I do think the fed needs to take a more defensive approach in order to protect the dollar.

New York Times has another article about the resignation and Bernanke/Barry. Like I said, I think its a combination of things. Even though Barry didn't say anything different ,the market will reflect a lack of confidence in him.

[bcoop]

New York Times has another article about the resignation and Bernanke/Barry. Like I said, I think its a combination of things. Even though Barry didn't say anything different ,the market will reflect a lack of confidence in him.

Some people are too stupid to see the facts. It's been proven every time he opens his mouth publicly (State of the Union, Addressing the Nation, etc) the market drops. It wouldn't matter if he said he just saved 15% on his car insurance by switching to Geico. When his lips move, the market drops. This is a trackable fact.

[Vertnut]

Some people are too stupid to see the facts. It's been proven every time he opens his mouth publicly (State of the Union, Addressing the Nation, etc) the market drops. It wouldn't matter if he said he just saved 15% on his car insurance by switching to Geico. When his lips move, the market drops. This is a trackable fact.

That's my main point. A euro-finance guys' resignation may affect our market some, but not 300+ points. We already know that Europe is fucked.

[Cannonball996]

bernanke's speech weighed much more on the market, I think a lot of traders were betting that he would pull out a surprise and that the market would see an afternoon rally yesterday. the details of obamas speech were out days before he gave it, so there is no way that last nights speech could have a major effect on todays market.

[GhostTX]

I didn't get anything out of the speech other than he plans to work together.

LOL? Really? You really thinks he wants to "work together"? Most of his speech was the same as Obamacare... Pass it now! Pass it now! Pass it now! (don't read it) Pass it now!

[78X]

Market was down bc greece is going to default this wrrkend

[mustangguy289]

Market was down bc greece is going to default this wrrkend

So why should I sell off my stock in an American company because greece is defaulting. I do not get this shit... i mean i get it but didn't the stock market used to be about investing in companies because of that company.. not because of what is going on in another country?

[BP]

LOL? Really? You really thinks he wants to "work together"? Most of his speech was the same as Obamacare... Pass it now! Pass it now! Pass it now! (don't read it) Pass it now!

Me? Hell no, I think he wants it his way and right now and costs be damned, the tax payers will pay for it.