Obama picks Sotomayor; Dow climbs nearly 200
Like a charm, it voiks.
It's just a coincidence, right? But it's starting to amaze me whenever it happens. It would appear that even the Lords of Finance, the Wizards of Wall Street, the Day Trad-ah Play-ahs, all seem to approve of nearly every important Obama choice--whether it's political or business.
I will gore Obama's ox whenever I feel it appropriate. He is far from perfect. But I will revel in even the appearances of his good fortune and choices. Why not?
It's just a coincidence, right? But it's starting to amaze me whenever it happens. It would appear that even the Lords of Finance, the Wizards of Wall Street, the Day Trad-ah Play-ahs, all seem to approve of nearly every important Obama choice--whether it's political or business.
I will gore Obama's ox whenever I feel it appropriate. He is far from perfect. But I will revel in even the appearances of his good fortune and choices. Why not?
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It was either Sotomayor or his condemnation of the North Korean nuke tests. But yes, I think it is important to emphasize that whenever the Dow rises, it is BECAUSE TEH OBSAMA FELLAH IZ TEH AWESOME!!!
May 26, 2009 1:29 PM | Reply | Permalink
Actually...it was the Consumer Confidence report, which was stratospheric--comparatively speaking.
And when consumers are expressing optimism, the markets go up. It's at least one sign of expected sales upticks in the future.
And why are consumers optimistic? Are they expressing a bit of irrational exuberance? Because of TEH AWESOME Obama?
Maybe. I'll take anything that picks up my own flaccid portfolio, whatever the cause.
May 26, 2009 11:23 PM | Reply | Permalink
C-SPAN did and does a wonderful service. Every weekend they have a segment called America & The Courts. The past few weeks they were highlighting all the "potential" nominees for the Supreme Court. Even though this doesn't tell the complete story about a judge, it was helpful to see how the look on the bench.
May 26, 2009 3:07 PM | Reply | Permalink