Charlie Sykes was disappointed -- sorely disappointed -- that the stock market did not tank yesterday after Obama introduced his economic team, promised a big stimulus package and reaffirmed his commitment to soak the rich.
He spent the morning arguing that government action has far more bearings on the market these days. He went on to say it would be interesting to see what the market's reaction would be to Obama's announcement. As Obama spoke, Charlie butted in to say that the Dow Jones had slipped to being up 200 while it was up 300 before Obama began dropping science on the populace. Sadly for Charlie, the DJIA ended up 400 for the day.
So the Brawler's stock market prediction for the day is: If the Dow dips today -- which wouldn't be unusual given it had a historic runup the two prior days -- Sykes will attribute it to the market sleeping on Obama's proposals and panicking upon waking up. Dow futures were down overnight.
When, of course, the actual reason for any decline will be a universal recognition that the Packers D sucks.
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