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Wednesday, November 07, 2012

THE MORNING AFTER: SOMETHING HUGE IS HAPPENING TO WORLD STOCKS

Stocks around the world are getting hammered today.
“U.S. stocks opened lower and kept falling throughout the morning in New York. The Dow Jones industrial average was down 2.5 percent at 12,918.23 and the broader S&P 500 index off the same rate at 1,392.99,” the Associated Press report.
Stocks are Taking Massive Dives Following President Obamas Re ElectionS&P as of 12:40 p.m. ESTStocks are Taking Massive Dives Following President Obamas Re ElectionNASDAQ as of 12:40 p.m. EST
Stocks are Taking Massive Dives Following President Obamas Re ElectionThe Dow as of 12:40 p.m. EST
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11 comments:

Anonymous said...

Don't blame it on the US voters.They proved during the election that they are clueless.People who can't walk and chew gum at the same time certainly can't vote intelligently.World economy means nothing to them.

Anonymous said...

Y'all still hating? Sack up and deal with it... Or move from this great country. Little babies still crying!

Anonymous said...

Little babies are not crying. The little babies got their santa claus for another 4 years to give them whatever they want.

We will see who will be crying when there is nothing left to give.

Anonymous said...

4:30 - where do you get your welfare check from?

Anonymous said...

4:17 dont worry he is only taking not giving or he would understand. The rest of the world knows just how stupid our voters are now. Guess the whole 47% showed up to keep getting their check.

Anonymous said...

"Now that President Obama has won a second term in office, the attention of Wall Street has immediately turned onto the looming fiscal cliff. To underline the importance of the issue, asset manager Blackrock along with several other state pension boards took out full page advertisements on the eve of the election in the Wall Street Journal, New York Times and Washington Post to warn of the impending disaster."

4:13 you need to grow up and face reality. No matter what your fellows dems are telling you we are in serious times. Obama chooses to ignore this at the detriment of alot of people.
Myself I'm not going to be hurt. I have plenty. I will never need a cent including SS which my spouse is now entitled to and we've decided we are going to forego collecting SS. We don't need it. It's not only state pension funds but union pension funds that are in hugh trouble. I hear what is going on in the inside from the same ones who are telling you and the other little guys that everything is okay. Alot of us who are in the top percent don't like our fellow Americans being lied to by sleazy politicans.

Anonymous said...

4:30 - where do you get your welfare check from?

November 7, 2012 4:22 PM

there is no 430

Anonymous said...

4:50 PM

Furthermore, on October 18, CEOs of major banks including JP Morgan, Goldman Sachs and Bank of America, signed an open letter pressing Congress and the President to “reach a bipartisan deal to avoid” the looming fiscal cliff. As it stands, should current laws stay exactly the same going into 2013, commentators are almost certain that the fiscal cliff will bring about another recession in the United States.
Just what is this fiscal cliff, and why is it so important for investors?
Essentially, the fiscal cliff represents a series of fiscal stimulus that will expire on the stroke of midnight on Dec 31, 2012. The four main drivers of the fiscal cliff are 1) the expiry of the Bush tax cuts, 2) expiry of the payroll tax cut, 3) ending of the emergency unemployment compensation passed in 2008 and 4) automatic budget cuts due to the Budget Control Act.

I can copy and paste too.

Anonymous said...

DUH! No kidding it was copy and pasted! Notice the quotes????? What is your point 7:14? Never mind-dont tell me! I can already see that you are not exactly a "rocket scientist" I'm dealing with. You are dismissed! I can not be bothered.

Anonymous said...

You are dismissed! I can not be bothered.

November 7, 2012 8:29 PM

Is that you jimbo? You freakin moron

Anonymous said...

forget wall street.....PO is not going to stop iran from having a bomb...nor is he going to back isreal and their defense ...........you think 9/11 was a game changer? try $20 dollars a gallon for gas,....just for starters.......total mayhem folks.......and not avoidable........