A Message From Lucianne  



Now More Than Ever
Get Your Eagles Up!
Lucianne Tees - in
Black or White
Click to Buy


































        
 

 
Home Page | Latest Posts | Links | Must Reads | Update Profile | RSS | Contribute
Register | Rules & FAQs | Search | Post | Contact | Logout | Forgot Password


  Topic: Stock market has tumbled since
Obama reelection. Are investors angry?
Change your user profile.
If you are having trouble posting, please take the time to register.
Your User Name :
Your Password
  I forgot my password
Your Reply  :
Preview Reply     Post Reply
Stock market has tumbled since
Obama reelection. Are investors angry?

Christian Science Monitor, by Ron Scherer

Original Article

Posted By:NorthernDog, 11/9/2012 8:16:44 PM

New York - Investors thought the election might answer some political questions. If that’s the case, Wall Street traders did not seem to like the answers. Tuesday's election reaffirmed all the elements that led to gridlock during the past two years – reelecting President Obama and leaving the balance of power in Congress unchanged. In response, Standard & Poor’s 500 stock index has fallen 3.4 percent. Stock markets tried to rally Friday, but the effort had little energy with the Dow Jones Industrial Average closing up about 4 points for the day and down 3.2 percent since the election.

Comments:
Why risk your money investing when you will be punished with heavy tax increases for making a wise choice?

  

Post Reply  

Reply 1 - Posted by: lylacat, 11/9/2012 8:30:22 PM     (No. 9003927)

Investors are angry, but more than that they are scared of this administration. 0bama is printing 85 Billion Dollars each and every month, a Trillion Dollars a year. Money that is in the market is being decimated by their reckless spending and printing of dollars. The money the investor will get out of the market when they sell is worth so much less than the dollars they invested. There is a moronic arrogance and ignorance about this administration; the market is acting accordingly. Like Oliver Stone has just informed all of us, 0bama is a pretty scary dude. Actually, many of us are terrified, Ollie.


Reply 2 - Posted by: johnwayne, 11/9/2012 8:41:13 PM     (No. 9003947)

Hey, not to worry, Harry Reid said that he wants to raise the debt ceiling 2.4 trillion. Then we can borrow more money from China and that money can then be put into the stock market.
/s

Quantitative Easing, ad infinitum.


   

 

  


 
Reply 3 - Posted by: Not your typical New Yorker, 11/9/2012 8:42:04 PM     (No. 9003952)

Not angry....scared.

Follow the money, the stock market operates in the future not the present.


Reply 4 - Posted by: kanphil, 11/9/2012 8:43:17 PM     (No. 9003954)

We were angry before the election. We are boiling over mad, now.


Reply 5 - Posted by: Calvinesq, 11/9/2012 8:49:26 PM     (No. 9003966)

Not angry, maybe scared, but usually rational.

Capital is flowing from us to Asia. It comes back when the market thinks its profitable. When not, it goes to where the growth is.

Let's face it real growth in the economy here is not rationally expected now that the "people" have spoken.


Reply 6 - Posted by: jond, 11/9/2012 9:00:26 PM     (No. 9003991)

The "anger" thing is completely misplaced. #5 nails it.

The value of US money and US assets is reasonably projected to decrease given the current political reality.

When he was nominated, Obama made about $1T in equity evaporate. Could that be happening again?


Reply 7 - Posted by: stablemoney, 11/9/2012 9:53:03 PM     (No. 9004085)

Investors held out hope that Obama would be gone. Now they know we have a disaster.


   

 

  


 
Reply 8 - Posted by: nevernaught, 11/9/2012 9:54:29 PM     (No. 9004087)

Just being realistic.


Reply 9 - Posted by: woofwoofwoof, 11/9/2012 10:09:08 PM     (No. 9004109)

Scared.

Of Obama, of Bernanke, Europe, China, ... the thing is, US business does not feel in charge of their own fate, and so are paralyzed.

Also objectively, if the economy looks weak and no change in sight, and the fiscal cliff a looming disaster, then I sure *hope* a rational investor is scared!


Reply 10 - Posted by: reddfroge, 11/9/2012 10:22:59 PM     (No. 9004127)

thanks, Obama voters, you have sealed the end of a free America...just wait until 2014 when Obamacare fully kicks in....then ask your parents and grandparents how they are doing.


Reply 11 - Posted by: philemon1967, 11/9/2012 10:26:54 PM     (No. 9004134)

I'm a foreign investor and I pulled all my funds from the US market because while a president can't really make economy prosper, he can stifle it by hamstringing it with excessive regulations & kill free enterprise with corrupt nepotism. Barack Mugabe has to go before a cent of my money goes back to the US.


Reply 12 - Posted by: philemon1967, 11/9/2012 10:31:53 PM     (No. 9004140)

I´m a foreign investor and I pulled all my funds from the US market because while a president can´t really make economy prosper, he can stifle it by hamstringing it with excessive regulations & kill free enterprise with corrupt nepotism. Barack Mugabe has to go before a cent of my money goes back to the US.


   

 



 
Reply 13 - Posted by: Pros7767, 11/9/2012 10:44:21 PM     (No. 9004162)

I sympathize with those who have been laid off since the election. It will only get worse.

No offense to the investors but my husband works three jobs and I worked for 27 years. We live in the Northeast, get taxed as millionaires ( over 250,000 barely). In the meantime, those my husband works with are collecting all kinds of government benefits. We´ve had enough.

Maybe someday soon, those collecting the benefits will realize there is not enough money to go around.


Reply 14 - Posted by: greg1a, 11/9/2012 11:20:24 PM     (No. 9004223)

Just the beginning. The Great Depression II is right around the corner and when the "gimmies" aren´t getting anymore "free stuff", the riots will start. OMG, the Obamaphones won´t work no mo´.


Reply 15 - Posted by: Blackeagle, 11/9/2012 11:30:04 PM     (No. 9004244)

Investors are still in shock from Black Tuesday. Maybe next week they´ll get angry. And then depressed.


Reply 16 - Posted by: Charactercounts, 11/10/2012 4:08:40 AM     (No. 9004424)

They are scared, and are redirecting their funds.

I believe that some of the recent improvements in the market and the economy were because people thought Romney was going to win the election, and Obama´s dreadful policies would be ended. Now that it´s obvious Obama stays, and is not even hindered by the need to be win votes, I believe things will get worse, fast.


Reply 17 - Posted by: country boy, 11/10/2012 4:14:36 AM     (No. 9004429)

I´m with #16.

25% correction minimum. And possibly will go all the way down and retest 2009 lows.


   

 

  


 
Reply 18 - Posted by: Pinchem, 11/10/2012 4:28:14 AM     (No. 9004435)

Even worse. Has everyone seen the four articles describing the businesses that are closing or laying off a lot of workers in order to avoid Obamacare and those looming tax increases?

Watch the unemployment rate skyrocket.

Many thanks to the low IQ´d "gimmie gimmie gimmie" Liberal Democrats.


Reply 19 - Posted by: Brittany, 11/10/2012 9:36:51 AM     (No. 9004864)

Wall Street has been playing games with the funds that Bernacke has been plowing into the market and devaluing our money. I guess that they thought it would never end. The fake rise in the market has concealed how bad our economy has become. Now the results are showing up in the big business layoffs and the playboys in the market are facing reality (after their actions brought 4 more years of destruction with nowhere to go but deeper into the recession that a rational market would have shown never ended).



Post Reply   Close thread 711426




Below, you will find ...

Most Recent Articles posted by "NorthernDog"

and

Most Active Articles (last 48 hours)




Most Recent Articles posted by "NorthernDog"



Apple CEO makes no apology
for company´s tax strategy
Reuters, by Patrick Temple-West*    Original Article
Posted By: NorthernDog- 5/22/2013 9:55:39 AM     Post Reply
WASHINGTON - iPad maker saving billions of dollars in U.S. taxes through Irish subsidiaries and told lawmakers that his company backs corporate tax reform, even though it may end up paying more. The Senate Permanent Subcommittee on Investigations has found that Apple in 2012 alone avoided paying $9 billion in U.S. taxes, using a strategy involving three offshore units with no discernible tax home, or "residence." Cook, in his first congressional testimony since becoming Apple CEO in 2011, said his company is a major taxpayer, handing over nearly $6 billion in cash to the U.S. government in 2012.

Public Sharply Critical on IRS, Benghazi;
But Economy Cuts Obama Some Slack
ABC News, by Gary Langer    Original Article
Posted By: NorthernDog- 5/21/2013 8:58:54 AM     Post Reply
Americans in a new ABC News/Washington Post poll sharply reject special scrutiny of conservative groups by the Internal Revenue Service, suspect an administration cover-up of the Benghazi incident and express substantial distrust of the federal government more generally. (Snip) Longer-term impacts of contentious current issues remain to be seen, but there´s potential for significant damage to the administration. Americans by a vast 74-20 percent see the IRS´ behavior as inappropriate, with most feeling that way strongly - and 56 percent see it as a deliberate attempt to harass conservative organizations, not a mere administrative error.

   

 



 
Tornado smashes through
Moore, Okla., leveling it
New York Daily News, by Deborah Hastings    Original Article
Posted By: NorthernDog- 5/20/2013 5:29:07 PM     Post Reply
A massive tornado ripped through Moore, Okla., Monday afternoon, leveling a huge swath of a residential area in the suburb of Oklahoma City. Video footage from KFOR-TV showed houses, businesses and at least two schools completely demolished, with cars strewn about. Police and emergency crews have begun to respond, but debris has clogged roadways. There is no tally yet on injuries or deaths, but news anchors said significant casualties are expected. At least one large fire has broken out amid the rubble. The twister is already being compared to the May 3, 1999 storm that ripped through Moore

Report Says Poor Are
Moving to Nation´s Suburbs
Associated Press, by Staff    Original Article
Posted By: NorthernDog- 5/20/2013 1:09:55 PM     Post Reply
LOS ANGELES - More poor people live in the nation´s suburbs than in urban cities because of affordable housing, service-sector jobs and the increased use of housing vouchers, according to a study released Monday. The number of those in poverty living in suburbs jumped 67 percent between 2000 and 2011, a much larger increase than in cities, researchers for the Brookings Institution said. Suburbs, however, still have a smaller percentage of the poor than cities do. The report notes that poor people were pulled to the suburbs by more affordable homes and followed jobs that were often low paying.

Minnesota drivers paying highest
average gas prices in Lower 48
Star Tribune [Minneapolis, MN], by Tim Harlow    Original Article
Posted By: NorthernDog- 5/20/2013 1:02:28 PM     Post Reply
Minnesota drivers are paying the highest gas prices in the 48 contiguous states, with the average price statewide running at $4.27 per gallon, according to AAA’s daily survey of gas prices. Average prices are even higher in the Twin Cities metro area at $4.31 for a gallon of unleaded gas, the report said. Drivers in Hawaii were paying the highest, at $4.35 per gallon, while those in Tennessee were paying the lowest, at $3.26. The national average is $3.63. In Duluth, the average price Monday morning was $4.32, while in Rochester it was $4.12. St. Cloud stations were reporting $4.24

Parking fees fight at
Calif. state beaches heat up
Associated Press, by Alicia Chang    Original Article
Posted By: NorthernDog- 5/18/2013 10:56:10 PM     Post Reply
LOS ANGELES -- flocking to Southern California beaches are used to feeding the meter or paying a parking attendant. Not so along the less developed north coast where it´s customary to ditch cars on the shoulder of Highway 1 to surf, swim or picnic. That sandy line that long defined the state´s disparate beach culture may soon fade. In search of new revenue, the state parks system is eyeing parking fees for parts of the Northern California shoreline where none existed or considering hiking rates to visit popular beaches south of Los Angeles during peak periods.

Egyptians targeted
with blasphemy charges
Associated Press, by Maggie Michael    Original Article
Posted By: NorthernDog- 5/18/2013 8:49:32 AM     Post Reply
CAIRO — The pale, young Christian woman sat handcuffed in the courtroom, accused of insulting Islam while teaching history of religions to fourth-graders. A team of Islamist lawyers with long beards sang in unison, "All except the Prophet Muhammad." (Snip) Blasphemy charges were not uncommon in Egypt under the now-ousted autocrat Hosni Mubarak´s regime, but there has been a surge in such cases in recent months, according to rights activists. The trend is widely seen as a reflection of the growing power and confidence of Islamists, particularly the ultraconservative Salafis. "Salafis are the engineers of these stories,"



Most Active Articles (last 48 hours)



White House Chief of Staff knew about
damaging IRS audit, kept Obama in the dark

62 replie(s)
New York Post, by S.A. MILLER    Original Article
Posted By: FlyRight- 5/20/2013 4:15:03 PM     Post Reply
WASHINGTON – The Internal Revenue Serviced scandal today spread further within the White House and closer to President Obama. White House spokesman Jay Carney today disclosed that Obama’s chief of staff, Dennis McDonough, and other top White House officials had advance warning that the IRS was targeting conservative groups. But he insisted McDonough and the other White House officials purposely kept Obama out of the loop.McDonough “rightly chose not to take action” to inform Obama, Carney told reporters at the daily White House briefing.

Anthony Weiner announces NYC mayor run
54 replie(s)
Politico, by Kevin Robillard    Original Article
Posted By: Scottyboy- 5/22/2013 6:06:40 AM     Post Reply
Former Rep. Anthony Weiner, whose career in public life came to an abrupt end when he sent lewd pictures to a college student on Twitter, jumped back into politics on Wednesday by announcing a bid for mayor of New York City. “Look, I’ve made some big mistakes and I know I’ve let a lot of people down,” the Democrat said in a 2-minute video announcing his bid. “But I’ve also learned some tough lessons. I’m running for mayor because I’ve been fighting for the middle class and those struggling to make it for my entire life.

Leaks turn to deluge
for reeling White House

48 replie(s)
New York Post, by John Podhoretz    Original Article
Posted By: StormCnter- 5/21/2013 4:49:13 AM     Post Reply
The wheels came off the Obama administration yesterday. We learned of a startling assault on freedom of the press by the Department of Justice, following the revelation last week of the unprecedented information-gathering foray by that department against The Associated Press. Then, a few minutes later, the Justice Department’s inspector general released a report declaring that the US attorney in Arizona used the leak of a confidential memo to try to discredit a whistleblower in the notorious “gun-walking” scandal known as Fast and Furious (which got two federal agents killed). The leak was called “egregious.”

Top IRS official will
invoke Fifth Amendment

48 replie(s)
Los Angeles Times, by Richard Simon and Joseph Tanfani    Original Article
Posted By: Scottyboy- 5/21/2013 3:53:35 PM     Post Reply
WASHINGTON – A top IRS official in the division that reviews nonprofit groups will invoke the Fifth Amendment and refuse to answer questions before a House committee investigating the agency’s improper screening of conservative nonprofit groups. Lois Lerner, the head of the exempt organizations division of the IRS, won’t answer questions about what she knew about the improper screening – or why she didn’t reveal it to Congress, according to a letter from her defense lawyer, William W. Taylor 3rd. Lerner was scheduled to appear before the House Oversight committee Wednesday.

A Crack in the IRS Dam
47 replie(s)
Power Line, by John Hinderaker    Original Article
Posted By: Dreadnought- 5/21/2013 10:50:44 PM     Post Reply
The dam protecting the IRS scandal began to crack today when Lois Lerner, the IRS official who announced, and apologized for, the improper singling out of conservative-leaning organizations by IRS employees under her command, announced through her criminal defense lawyer that she will not testify as scheduled tomorrow before the House Oversight Committee. Rather, she will assert her Fifth Amendment right against self-incrimination. This marks an enormous milestone in the IRS investigation. It can now be taken as more or less established that crimes were committed by Obama administration employees. Lerner’s lawyer tried to minimize the significance

Man questioned in Boston Marathon
bombing shot, killed by FBI

44 replie(s)
WCBV-TV [Boston], by Staff    Original Article
Posted By: earlybird- 5/22/2013 7:21:44 AM     Post Reply
One of two men allegedly being questioned in connection with the Boston Marathon bombings was shot and killed by an FBI agent in Florida on Tuesday, (Snip)A friend of Ibragim Todashev said he and Todashev were being investigated as part of the Boston bombings. He said Todashev, 27, knew bombing suspect Tamerlan Tsarnaev because both were MMA fighters. The man claims he and Todashev were interviewed by the FBI for nearly three hours on Tuesday. The friend said he left the interview, and when he came back to the apartment he found that there had been a shooting.

Howard Dean: ‘Benghazi
is a Laughable Joke’

41 replie(s)
National Review Online, by Andrew Johnson    Original Article
Posted By: KarenJ1- 5/21/2013 11:59:15 AM     Post Reply
Former Democratic National committee chairman Howard Dean considers the controversy over Benghazi a “joke” and “silly.” “Benghazi is a laughable joke,” Dean proclaimed twice in a discussion with Republican National Committee communications chairman Sean Spicer last week. “With all due respect, governor, when four Americans die serving this country, that’s not a joke, sir,” Spicer responded. “Oh, stop it,” said Dean. The former Democratic presidential candidate also said that there were “no serious questions being asked about Benghazi” and brushed it off as an effort by Republicans to score political points.

   

Post Reply   Close thread 711426





Home Page | Latest Posts | Links | Must Reads | Update Profile | Register | Rules & FAQs | Search | Post | Contact | RSS | Contribute | Logout | Forgot Password


© 2013 Lucianne.com Media Inc.

~~~c~~~