GOP meme shot down: Dow +28 (and dropping) when Obama started talking... +51 (and climbing now)

[scheming daemons]

They always say that every time the President speaks, the Dow takes a hit.


Not today.



YES.... I know that there is little correlation between the movements of the market and any single event.


My point is that every Republican I know always says that the markets always react negatively to Obama.



When I point out the following:

Dow when Bush took office: 10545. Dow when he left: 7926.



They usually shut up.

[rocktivity]

1. Oh, how soon they forget!

The Dow PLUMMETED every time Bush spoke when the market was open--a DU-er named it "The Piehole Effect!"

:headbang:
rocktivity

[Lasher]

2. They must have been talking about the last guy.

Every time I can remember, when Junior spoke the market did a nose dive.

[Hannah Bell]

3. the democratic & republican loyalists' comments mirror each other.

they both accuse each other of the same things.

[Cha]

6. No they don't.

[Hannah Bell]

8. not surprising you don't think so. but they do.

[Bumblebee]

4. and CNBC is not showing it prominently any more; their hopes having been dashed

So very transparent. Objectivity my ass

[AndyA]

5. The market did always tank when Idiot Son spoke.

I think Obama and Biden both need to hit the campaign trail, if they can't get the message across for the Dems, no one can. And it would seem Obama's recent speeches have been working.

[ClarkUSA]

7. Good reminder. Thanks for the facts. Bookmarking to show my OFA group.

We've been GOTVing for months sporadically but this week, it starts in earnest.

Information like this is extremely helpful when canvassing.

Keep it up!

:fistbump:

[elleng]

9. And in fact the market increases under Dems!

[depakid]

10. Seeking political "clues" from blips in the market reactions is a fool's errand

[golfguru]

11. DOW & Obama are not related

DOW reached 15,500 during Bush.
Maximum DOW during Obama was 11,000
Currently 10,000.

There is no correlation.