It is often funny to see the media always coming up with explanations for even the tiniest changes in stock prices. Every day when the market closes the media gives a short sentence saying why the market went up or down. Now the market supposedly is going up a hundred points according to the future markets because of Obama's new "stimulus" plan?
U.S. stock futures pointed to a higher open amid speculation that President Obama will inject $300 billion into the economy to spur jobs growth. . . .UPDATE: Notice that after Obama's new Stimulus speech on Thursday, September 8th, 2011, the market crashed, but the media barely mentioned that it was a response to Obama's speech. Granted events in Greece undoubtedly played an important role, but it could have been played as Obama's speech not stemming the concern.
Rosarch test for the media?
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Oleh
abudzar