Stocks UP on Treasury Choice

iVillage Member
Registered: 11-05-2008
Stocks UP on Treasury Choice
11
Fri, 11-21-2008 - 4:44pm
Geithner likely to be Treasury Secretary
Posted: Friday, November 21, 2008 2:59 PM by Domenico Montanaro
Filed Under: Obama WH Transition

From Chuck Todd and Andrea Mitchell
NBC News has learned that the president-elect is preparing to roll out his economic team on Monday

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iVillage Member
Registered: 11-14-2008
Fri, 11-21-2008 - 4:50pm
GMTA! :)
iVillage Member
Registered: 11-19-2008
Fri, 11-21-2008 - 4:50pm
If "stock soared" at this nomination, then it stands to reason that the reason it tanked before the election and after is because of Obama's election. Sounds like Obama's pretty bad for the economy...and he hasn't even enacted any of his dangerous policies.
iVillage Member
Registered: 11-14-2008
Fri, 11-21-2008 - 4:56pm
So I guess the reason the stock markey tanked
iVillage Member
Registered: 11-05-2008
Fri, 11-21-2008 - 6:13pm
I'm not taking that bait.
iVillage Member
Registered: 11-19-2008
Sat, 11-22-2008 - 2:17am
Actually, experts on the news attributed it to an anticipation of an Obama win. I guess their fears were realized when he got elected and the market tanked again...and again.
iVillage Member
Registered: 11-19-2008
Sat, 11-22-2008 - 2:18am
Again, many experts on many news programs were attributing the market rise today to the Hillary nomination. If that had a positive impact, then surely the tanking before and after the election were pretty obviously attributable to Obama and fear of his policies.
iVillage Member
Registered: 04-24-2008
Sat, 11-22-2008 - 6:23am

Goodness, but Obama has the Midas touch.

iVillage Member
Registered: 04-24-2008
Sat, 11-22-2008 - 6:25am

<<...and he hasn't even enacted any of his dangerous policies>>


Bingo.

iVillage Member
Registered: 11-19-2008
Sat, 11-22-2008 - 7:47pm

<<...and he hasn't even enacted any of his dangerous policies>>

>>> Bingo. Not...in...office...yet.

It's kind of like looking out of your window in Pompeii and seeing Vesuvius smoking in the distance.

>>> And all Obama has to do is announce a Cabinet appointment and the stock market flies upward hundreds of points.

Just as it tanked when it was presumed he would win and tanked again after he did.

>>> Where is Bush? In an undisclosed location? Smart man.

He's hiding out...in the Oval Office. LOL!

iVillage Member
Registered: 11-22-2008
Mon, 11-24-2008 - 1:44am

"Stocks UP on Treasury Choice"


When you think about it, that is not a good thing.

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