In article
<
1bd761e0-8602-4cde...@d3g2000vbj.googlegroups.com>,
BroilJAB <
Design...@wmconnect.com> wrote:
> Market investors are now 'betting on America
> to fail' and are short-selling the entire market.
Liarboi Broiljab lies about market behavior.
From the Huffington Post:
For one thing, Obama was the perpetual favorite throughout the election,
with his odds on the prediction market Intrade never dropping below 50
percent all year. He consistently led in the polls of key swing states
like Ohio and was very seldom behind in measures of the national popular
vote. Meanwhile, his challenger, Mitt Romney, spent much of the election
shooting himself in the foot. Despite all of these signs of Obama's
impending re-election, stocks managed to rally throughout the year, with
the Dow up 6 percent since the end of 2012, even with Wednesday's loss.
What's more, the Dow posted a huge, 1 percent gain, on election day,
when Obama's Intrade odds were at 70 percent or better and
number-crunchers such as Nate Silver and Mark Blumenthal were calling
Obama a 90-percent lock for re-election.
And as Business Insider pointed out, stock futures were rising Wednesday
morning, even after Obama's fairly resounding victory. They only started
falling when it became clear that Europe's perpetual economic crisis was
starting to affect German economic growth. European Central Bank
President Mario Draghi also warned about the European economy. And
investors started to get nervous again about the prospect of a Greek
exit from the euro zone. All of those things helped conspire to send
stocks down by a bunch in early trading.