i m bewildered and dumfounded. the number one thing is to reassure the american public yesterday. reassure the american public. and that usually includes having a plan. all i m saying is i don t think it s a deliberate move by the president to come out and throw up an air ball. they think what they said yesterday was reassuring, the market didn t agree with them. we wanted somebody to be presidential. we saw a guy who went out there and was political. john paul horwitz writes today in the new york post, he says this is the worst moment of the obama presidency bar none and to put it mildly, he isn t rising to it. the point the other the other part, whoever made up his schedule said maybe we shouldn t ice this next round of fund raisers. remember last thursday the dow dropped 513 points. that happened to be his birthday. happy birthday. he flew to chicago and did this
reaction, clearly concern. no question. when those asian markets opened, there were deep dives. things seriously plummeted and the nikkei was down more than 4% at one point. things kind of clawed its way back but ended up in an area where everyone said they remain incredibly concerned. european marketed did open higher but it s been up and down ever since. and at last check, there s a whole lot of down going on there and then with the u.s. futures, they are jumping around a little bit as well. they look a little optimistic earlier. now, perhaps not so much. we ll see what happens as we get closer to the opening bell. no question, people are rattled, they re concerned. not just by the s&p downgrade but by the looming european debt crisis that could get bigger and a weak global economy overall. the president came out yesterday. stocks were tumbling as he talked and he said look, the united states, i still believe has a very strong economy but i think today, everyone is going to
no question. when those asian markets opened, there were deep dives. things seriously plummeted and the nikkei was down more than 4% at one point. things kind of clawed its way back but ended up in an area where everyone said they remain incredibly concerned. european marketed did open higher but it s been up and down ever since. and at last check, there s a whole lot of down going on there and then with the u.s. futures, they are jumping around a little bit as well. they look a little optimistic earlier. now, perhaps not so much. we ll see what happens as we get closer to the opening bell. no question, people are rattled, they re concerned. not just by the s&p downgrade but by the looming european debt crisis that could get bigger and a weak global economy overall. the president came out yesterday. stocks were tumbling as he talked and he said look, the united states, i still believe has a very strong economy but i think today, everyone is going to look at the federal reserv