Chip Hanlon

Profile | Chip Hanlon

Website | Delta Global Advisors

Podcasts | Market Neutral

rss RSS

Breaking News

Investors accuse Citi execs of "suspicio...
1:25 PM  12/03/08

American Express CEO: high earners cut spendi...
1:24 PM  12/03/08

Fed Beige Book says U.S. economy weak coast t...
2:03 PM  12/03/08

Dow industrials fall 100 points as U.S. stock...
1:51 PM  12/03/08

EDF Takes On The Oracle Of Omaha
2:10 PM  12/03/08

Sneakergate
2:10 PM  12/03/08

Lead director pins GM's hopes on U.S. governm...
1:21 PM  12/03/08

Hawaii endorses electric vehicle grid
1:21 PM  12/03/08

more »

When President Bush Speaks...

By Chip Hanlon | October 10, 2008 | 10:40 AM | 4 Comments

...people sell stocks.

I've always had the impression that he hurt stocks each time he opened his mouth during this crisis, but this time I ran back the Tivo and the proof was there: the Dow was down 83 points when he took the mic, down 185 when he was done speaking.

Actually, that's probably an improvement over his recent performances.

Seriously, when are they going to stop trotting this guy out as though he inspires confidence? And if he says one more time how our economy is "innovative, industrious and resilient," I think I'm going to throw up. Can George W. Hoover please just go in the basement for the next 90 days? Pretty Please?

Comments (4)  |  Related Topics  » |

 
or

or the "paulson and 'nanke" effect

Submitted by John C Lee on Sat, 2008/10/11 - 10:35am » reply |
 
Repbulicans

..are now claiming planned market bear-raid "bushwacks" after each speech. Go figure.

Submitted by jgpietsch (not verified) on Fri, 2008/10/10 - 10:11pm » reply |
 
Hey.. At least he's gotten

Hey..
At least he's gotten better at reading his speeches in the last 8 years.

Submitted by CFous on Fri, 2008/10/10 - 12:26pm » reply |
 
g w hoover

hoover. thatd b very funny if it werent so true.

Submitted by dollarcrumbs on Fri, 2008/10/10 - 10:53am » reply |

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Lines and paragraphs break automatically.
More information about formatting options Captcha Image: you will need to recognize the text in it.
Please type in the letters/numbers that are shown in the image above.