Posted on 11/02/2004 7:22:57 AM PST by NYC Republican
While watching the Big Story with John Gibson, this idiot, Terry Keenan, who is almost ALWAYS wrong with her financial analysis, made the statement that a Bush win wouldn't move the markets because it's "already built in", and a Skerry victory would be a boon to the stock market.
She then went on to say that the markets are down for the year. Which markets? The Dow and Nasdaq are down a very small amount, the S&P was up. Why not state that it's a mixed market?
Bigger question, why is Fox bending to hard to the left lately? Have they forgotten who put them on top?
How disgraceful.
oh, just ignore her...she is trying to sound smart...not a big deal. terri is okay usually, but she might be getting a bit "caught up in the moment." ya know? :)
Market's up 60 points so far today, no doubt on the strength of polls showing Bush win is likely.
High taxes do not help the economy!!!
Rita's brain in a nice body.
By telling us that the markets are down for the year, without even qualifying it (i.e.- slightly down) is a disgrace, especially when the markets are MIXED, not down.
The market is up 75 points.
I think that Fox News is trying to shake the "GOP Mouthpiece" label that the left has stuck to them, by periodically throwing out these meaningless bones of appeasement.
Bush is up at tradesports and sKerry is dropping!
Agreed.
If I'm not mistaken, Ms. Keenan came to Fox from CNN. So did the insufferable Van Susteren(sp).
She's still better than the "hickey" sounding Dagan McDowell.
She is formerly of CNN. Lou Dobbs kept from jactitations under control better than FOX. I heard her blathering as well last night. Had to check my Dish-afraid I had inadvertantly switched to CNN!
I didn't see her comments, but it seems to be a 180 from her previous comments, which sum up to "Bush good, Kerry bad". She's right about a Bush win being factored in already, Wall Street expects him to win. Mixed markets are down markets for long investors, btw.
Analysts and Strategists are always contrarian indicators. Everytime Abbey Ho Cohen says buy it is a market top.
I make a good living off these people. ;)
The market hates uncertainty. Remember that the election was supposed to be disrupted by Al-Qaeda and such. (The fact that it's not is reason enough to vote for George W. Bush). There's a lot of money on the sidelines waiting for this thing to be over.
The market's up 61 points. What's she smoking?
As to Fox, they're really not leaning left or right.
No, really. Don't laugh.
Fox calls itself "Fair and Balanced", and it stands out as DIFFERENT from CBS, CNN, ABC and NBC because it IS fair and balanced. The other networks are blatantly liberal in their bias.
Fox tends to present both sides of an issue in its news shows, and does not muzzle their reporters' opinions. They have lots of opinion shows, like O'Reilly and Hannity and Colmes, but even there, right wingers get all worked up at O'Reilly when he "goes off the reservation" of right wing political views.
But that's just it: Fox is NOT a right-wing station in answer to the left-wing networks. Fox really does pitch the news straight. And that's why it looks so different, and even "right wing", to all of us who are so used to being fed nonstop left-wing propaganda from the networks.
Example: they run a poll and it shows Kerry up. They report it. They explain the potential errors and problems with their poll, but they don't suppress it.
Bottom line: Fox actually IS fair and balanced. It's not "The Right Wing Channel". It's a mistake for right wingers think it is. Fox is going to tell everyone what their reporters think is going on. If what's going on is unpleasant for right wingers to hear, well, then it is unpleasant to hear. They aren't going to muzzle their reporters or kill the story to defend a political agenda, and they aren't going to fabricate a story to advance one. That's CBS and CNN.
If Kerry is elected some stocks would go up, others would go down.
Defense stocks would suffer.
The end of election season will be a boost to the market. Markets hate uncertainty.
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