Well the market reacted when *ickhead harry reid came out and announced that a major insurance company was going to declare bankruptcy. Insurance stocks to a big hit the next day. I don’t know if its the exception, but it happened. And look what the price of oil and gas does when the secretary of energy opens his mouth. A politician just the same. JMT!
I agree that it is a sad day when anybody puts any stock into what Reid says. However, I do think that Santa Claus could have said it at that point and there still would have been a reaction just because it was one more bad piece of information.