It is often funny to see the media always coming up with explanations for even the tiniest changes in stock prices. Every day when the market closes the media gives a short sentence saying why the market went up or down. Now the market supposedly is going up a hundred points according to the future markets because of Obama's new "stimulus" plan
U.S. stock futures pointed to a higher open amid speculation that President Obama will inject $300 billion into the economy to spur jobs growth. . . .
UPDATE: Notice that after Obama's new Stimulus speech on Thursday, September 8th, 2011, the market crashed, but the media barely mentioned that it was a response to Obama's speech. Granted events in Greece undoubtedly played an important role, but it could have been played as Obama's speech not stemming the concern.
Labels: Economy, stimulus