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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) |
TonyMontana (237 posts) Send PM | Profile | Ignore | Fri Oct-08-10 06:08 PM Original message |
Why did the DOW go up on bad news? |
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ThomWV (1000+ posts) Send PM | Profile | Ignore | Fri Oct-08-10 06:10 PM Response to Original message |
1. Many investments are made on considerations other than the daily news. |
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spanone (1000+ posts) Send PM | Profile | Ignore | Fri Oct-08-10 06:11 PM Response to Original message |
2. it wasn't bad news. it was pretty much what wall street was expecting. |
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regnaD kciN (1000+ posts) Send PM | Profile | Ignore | Fri Oct-08-10 07:22 PM Response to Reply #2 |
14. Actually, the projections were for the rate to go up to 9.7%... |
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onethatcares (1000+ posts) Send PM | Profile | Ignore | Fri Oct-08-10 06:13 PM Response to Original message |
3. because monday is Christopher Columbus day and |
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tularetom (1000+ posts) Send PM | Profile | Ignore | Fri Oct-08-10 06:14 PM Response to Original message |
4. Higher unemployment = less money paid in wages and salaries |
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annabanana (1000+ posts) Send PM | Profile | Ignore | Fri Oct-08-10 06:16 PM Response to Reply #4 |
7. Exactly.. the dow OFTEN goes up on bad employment numbers |
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Pirate Smile (1000+ posts) Send PM | Profile | Ignore | Fri Oct-08-10 06:16 PM Response to Original message |
5. Bad news to Wall Street means the Fed will probably do more to stimulate the economy which Wall |
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Kalyke (1000+ posts) Send PM | Profile | Ignore | Fri Oct-08-10 06:16 PM Response to Original message |
6. Investors make money when jobs are shipped overseas. |
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bluestateguy (1000+ posts) Send PM | Profile | Ignore | Fri Oct-08-10 06:17 PM Response to Original message |
8. They seem to want more quantitative easing |
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katanalori (1000+ posts) Send PM | Profile | Ignore | Fri Oct-08-10 10:14 PM Response to Reply #8 |
18. Correct. |
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marmar (1000+ posts) Send PM | Profile | Ignore | Fri Oct-08-10 06:20 PM Response to Original message |
9. Because there's speculation the Fed will flood the market with more funny money...... |
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SlipperySlope (1000+ posts) Send PM | Profile | Ignore | Fri Oct-08-10 06:20 PM Response to Original message |
10. It was really quite simple; bad economy = good for Wall Street. |
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Ruby the Liberal (1000+ posts) Send PM | Profile | Ignore | Fri Oct-08-10 06:54 PM Response to Original message |
11. It isn't about good or bad news, it is about expectation vs surprise |
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MadHound (1000+ posts) Send PM | Profile | Ignore | Fri Oct-08-10 06:56 PM Response to Original message |
12. High unemployment equals cheap labor equals more profits, |
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CommonSensePLZ (606 posts) Send PM | Profile | Ignore | Fri Oct-08-10 07:20 PM Response to Reply #12 |
13. +1 nt |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Fri Oct-08-10 07:31 PM Response to Original message |
15. Because they figure it means interest rates will be held low (near zero) |
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rucky (1000+ posts) Send PM | Profile | Ignore | Fri Oct-08-10 07:33 PM Response to Original message |
16. Jobs cut into profits. |
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katanalori (1000+ posts) Send PM | Profile | Ignore | Fri Oct-08-10 09:03 PM Response to Original message |
17. Because |
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TexasObserver (1000+ posts) Send PM | Profile | Ignore | Sat Oct-09-10 03:04 AM Response to Original message |
19. Because private sector jobs ROSE by 64,000 and the FED is poised to act. |
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