Quote:
Originally posted by sgtclub
And like a good democrate, you do not acknowledge that my reasons lead to your reasons.
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No, if anything it was my reasons -- the underlying facts -- which led to your reasons -- the market's response. Duh. In any event, the market's response could signal that this was good news, but not as good as the market was expecting, for whatever reasons known only on Wall Street. Or, the market could be reacting to something else. In any event, I think the effect on average working people is more significant, as a matter of the commonweal, than the effect on the owners of capital. You probably think that what's good for the capitalists is
ipso facto good for the average Joe.