Comments on: Watching Wall Street and Waiting http://criticalmas.com/2008/09/watching-wall-street-and-waiting/?utm_source=rss&utm_medium=rss&utm_campaign=watching-wall-street-and-waiting Blog for Michael Allen Smith of Seattle Fri, 10 Feb 2012 17:20:48 +0000 hourly 1 http://wordpress.org/?v=3.1.4 By: Jim http://criticalmas.com/2008/09/watching-wall-street-and-waiting/#comment-571 Jim Tue, 23 Sep 2008 05:03:19 +0000 http://criticalmas.com/?p=1044#comment-571 $700 billion released into the economy tends to dilute the US$, which causes oil to spike, which causes equities to tank (+ realization that the recession is still going to happen regardless of the bailout). Most of the media had other (rather poor) explanations for today's market action, but I think this was most of it. $700 billion released into the economy tends to dilute the US$, which causes oil to spike, which causes equities to tank (+ realization that the recession is still going to happen regardless of the bailout).

Most of the media had other (rather poor) explanations for today’s market action, but I think this was most of it.

]]> By: Matt http://criticalmas.com/2008/09/watching-wall-street-and-waiting/#comment-569 Matt Tue, 23 Sep 2008 04:34:52 +0000 http://criticalmas.com/?p=1044#comment-569 Wow. Wow.

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