[OldFriend]

I noticed that the market surged on the news of Wellstone's death.

Whether it's true or not a seminar caller to C-SPIN this morning commented that the folks on FNC were also remarking that the market surged upon the news.

The caller was so viciously critical of all things republican in general and FNC in particular that I don't know if her comment was truthful.

[Lyford]

the market surged on the news of Wellstone's death.

Post hoc ergo procter hoc
Correlation does not equal causation.

There's nothing in Wellstone's death that should provide any impetus for the stock market, therefore it's foolish, absent some compelling evidence, to assume that there's any correlation between those two events.

[MattMa]

I must have been watching the of the segment, and a woman from Lakeville, MN. She said she was a well read person, and that the CIA has been know to remove unwanted leaders in other countries, and could be involved in Mr Wellstone death.

[jackbill]

I noticed that the market surged on the news of Wellstone's death.

Whether it's true or not a seminar caller to C-SPIN this morning commented that the folks on FNC were also remarking that the market surged upon the news.

Bob Pisani, on CNBC, made a big thing of this yesterday afternoon, even mentioning a number of stocks that might benefit from a Republican takeover of the Senate - defense, tobacco, pharmaceuticals, etc..

[Dataman]

I suspect the surge was on the possibility of the Republicans regaining control of the Senate.

Does anyone remember that the Senate killed the stimulus package because Daschound was the leader? One less dem and one more Republican would have kept him from killing the stimulus package that may have turned the economy around months ago.