So two weeks ago it was called the Obama

meltdown, they said the stock market preformed worse in his first 50 days then any other President in history. Hum, what is this recent rally being called the Bush Recovery?

Dana Perrino did tell us last week the day it went up 200 points that George Bush deserved some credit for the uptick...............Soooooooooooooo, I imagine they'll be plastering their faces on the tube tomorrow looking for a pat on the back.

realized the village idiot left town it may have caused the uptick.

today. :eyes: :sarcasm:

NOTE: this snarky sarcasm isn't directed at the OP, but the idiots in the M$M and Repukes that try to attribute any of this to Bush.

If Obama responsible for the uptick in the stock market?

If so, was he responsible for the temporary slump?

Is there any unaccounted for asymmetry in your answers?

As far as I'm concerned, I can't tell. The stock market reflects a combination of things ... and how to tease them apart in the short term is beyond my ken. Optimism/pessimism, political events, overreaction to immediate fiscal problems, long-term thinking on the economy (and more!). If the long-term thinking predominates, it's a decent leading indicator; if the immediate political events dominate, then Obama's right and it's a political poll; if immediate fiscal problems, it's a gauge of the current economy; if optimism/pessimism then it's a barometer of the investing class's psychological state, if not their psychological pathologies.