Apple declined. Therefore, its taken the nasdaq down. Was larry somers that horrendous for stocks . Could he actually matter that much . No, but he sure is a catalyst. Let me give you the setup and the reasons why the market loved the fact that larry somers is absolutely not going to be the next Federal Reserve chair. The only thing that stands in the way of higher stock proprietary prices here is, watch, the war between the president and republicans drains everyone. Business gets crushed in the crossfire every time there is a player partnership. Today when the president spoke, he admitted the economy took a real hit two years ago during the debt downgrade wrangling. We know the fiscal cliff discussion put business square on its back. We saw a return to good growth and then the sequester stalled the economy again. This linkage is amazing and it is so abysmal that we all know we have to sell when the president and congress are loggerheads. Thats just what you do. Its imperically smart.
Jail for Dundee embezzler caught after spending cash in Benidorm
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Crooked Scots letting agent stole £40k from bosses and splashed cash on luxury Spanish holiday
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