Yesterday’s bounce was driven by news from China. How sad is that? Construction and raw materials went up because China’s stimulus plan seeks to increase contruction. Hence, my FCX and other similar stocks had a nice day. Today’s drop, as I understand it, is driven by retail.
Last month Putin and some leaders from China warned Zer0 and the rats in control of America not to push socialism as hard as they were pushing it.
No one with an IQ over 50 has any confidence in the Kenyan-born marxist. The markets and economy are not going to recover with Chavez/Mugabe as president. Do not expect any rally or recovery with this clown as POTUS.
I would love to find seniors and baby boomers who voted for this collectivist and laugh in their faces telling them their retirement is ****ed. I feel awful for conservatives harmed by this guy.