The Dow Jones is down over 200. I guess the investment community does not share the polticians optimism.
Looks like it wouldn’t take much to have one of those Fall 2008 last fifteen minutes.
Getting a debt deal was already contemplated by the markets. It was never in doubt. The Dow fell yesterday because of the manufacturing numbers were the lowest in 2-years. It’s falling today because consumer spending (70% of GDP) came in way below expectations. In other words, the economy sucks.