Archive for December, 2003
Markets Update
Well, the President gets more positive coverage with a press conference, the Army announces the arrests of Iraqi resistence leaders based on information contained in documents found with Saddam, and the markets respond by turning down. The Dow, up by more tha 80 points earlier in the day, is at +60, while NASDAQ is just [...]
Markets Responding Oddly
Saddam’s capture pushed the Asian and European markets up consistently and strongly, between 1% and 3.5% for all the majors. But in America, people who buy and sell stock are the strangest creatures on earth, and clearly the most in need of instant gratification. From way up to barely a blip, as greedy bastards in [...]
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