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In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.
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Tag Archives: Boehner
Feliz Navidad! Not!
Leave it to the pols to ruin Christmas. Now it’s either a purely Democratic cliff bill or nuttin’, honey. Good luck passing the debt ceiling. The House Republican Conference turned its back on Speaker John Boehner Thursday, forcing GOP … Continue reading
Washington Post: Fiscal Cliff Deal Near?
Post reporter Paul Kane on the latest developments in the talks between House Speaker Boehner and President Obama and if a deal looks likely this week. (click here if video is not observable)
Cliff Diving – Day 16
December, the overall best month for stock performance, isn’t supposed to start like this! The S&P500 opened almost at its high of the day, traded through the 50-day moving average, got spanked and commenced to sell off the rest of … Continue reading
Posted in Fiscal Cliff Monitor, Uncategorized
Tagged Boehner, Fiscal Cliff, ISM, Monitor, Obama
1 Comment
Cliff Diving – Day 15 “…almost nowhere”
Same old same old. Politician speaks, market sells off, shorts cover, market closes unchanged. This is getting old. Boehner came out throwing flames today saying the negotiations are “almost nowhere” and calling the President’s opening offer not a “serious proposal”. … Continue reading
Cliff Diving – Day 5
Nice stock bounce almost instantly after the four Congressional leaders emerged from their meeting with President at the White House. “Constructive” is the word. The S&P500 put in a bullish outside day – lower low and higher high than … Continue reading
The Sound of Breaking Glass
Friday is moving day. The Fearsome Foursome of U.S. stock indices all closed below their 200-day moving average today. The President is due to speak tomorrow at 1 PM and Speaker Boehner rumored press conference at 11 AM. The Washington … Continue reading
