Economy
Related: About this forumHoly S**T! Its only 9:54 a.m.,
and Dow is UP 224!!!
WTH???
Edit: Euro Watch
E.C.B. President Talks Up the Euro, and Lifts Stocks.
http://www.nytimes.com/2012/07/27/business/global/ecb-president-talks-up-the-euro-and-lifts-stocks.html?_r=1&hp
Blue Meany
(1,947 posts)elleng
(131,141 posts)At the same time, NYT headlines: NYTimes Co. posts a loss, and Exxon and Shell earnings disappoint.
OK, just heard Jobless Claims down more than in a year. (I think that's what they said, on radio)
And, heard may be because European Central Bank promised something . . . .
kickysnana
(3,908 posts)truedelphi
(32,324 posts)Or lower depending on how they feel about it. Black op sorts of orgs, and of course we have a huge black op budget in this country and no one except a handful of people in Congress get to even ask about it.
This movement up and/or down may be done for a specific purpose, to help the public feel good, or to help one Presidential candidate or another look good, or perhaps simply to enrich them's that got the power to do so. (Sort of the ULTIMATE in insider trading.)
Hotler
(11,445 posts)and just to cheer us up --