Osama Bin Ladin caused an UPTURN in the economy. His deeds offered a REASON for the fall of the stock market. After the "explaination" Americans were ready to buy again. Stock markets are the product of mass social mood. Here's a chart of the Nasdaq and outside of volume on 9-11 you explain to me how Bin Ladin wasn't other than a postiive for the markets based on the Nasdaq chart below.
http://futures.tradingcharts.com/chart/NA/M
But then markets are the product of social mood.
http://www.socionomics.org/pdf/Bob_Futures_Interview.pdf
I am not talking about a drop in the stock market. Bin Laden introduced a high level risk aversion that people were not used to before. Anyone making any long term investment plans will be put off because of terrorism. But, that will eventually go away as he dies. This govt program, like any other program, will not only not go away but also grow to the point that it consumes our economy and the future generation. Thanks to Bush.