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[personal profile] yucca
"The Dow fell 332.13 points on inauguration day," noted Barnes, holding this up as evidence that "The market's view is that an Obamanomics-driven economy looks grim." I'm trying to figure out the operating theory here. One possibility is that, before January 20, investors thought Obama would get cold feet, or that maybe President Bush would surround the White House with tanks and stay forever.

Я, пожалуй, добавлю про оглушительное молчание по поводу вчерашнего прыжка акций от людей, которые недавно утверждали, что Обама самолично вызвал их катастрофическое падение. По мне так ни то, ни другое на него не следует слишком торопливо вешать.

(no subject)

Date: 2009-03-24 10:13 pm (UTC)
From: [identity profile] riftsh.livejournal.com
Процитированный отрывок - явный плагиат из моей записи от 21 января. Shame on TNR!

(no subject)

Date: 2009-03-24 10:18 pm (UTC)
From: [identity profile] yucca.livejournal.com
Great minds think alike!

(no subject)

Date: 2009-03-25 08:28 am (UTC)
From: [identity profile] averros.livejournal.com
People tend to read too much into short-term market gyrations.

This is about as meaningful as trying to calibrate lab scales on a ship being tossed by a high storm.

Even if you had some valid trend up in the stock market, it can be in interpreted two ways: that expectations of real profits went higher or that high inflation is expected. I favor the second intepretation based on the recent creation of more that $1T and promises to create more money in the future.

(no subject)

Date: 2009-03-25 08:33 am (UTC)
From: [identity profile] averros.livejournal.com
I never heard anybody who's really great at something to say that (or anything to that effect) - and I am fortunate to know some really outstanding people.

Maybe that's because great minds tend to think for themselves rather than mistake commonalities for their own thinking.

(no subject)

Date: 2009-03-25 06:25 pm (UTC)
From: [identity profile] yucca.livejournal.com
Once in a lifetime I won't argue with you :)

(no subject)

Date: 2009-03-25 09:30 pm (UTC)
From: [identity profile] averros.livejournal.com
Mmmm... I guess I'm not living right if people start agreeing with me:)
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