More on Market’s Post-Election Tumble

A reader (who, I don’t think, will be blowing back a kiss to the 52 [hearts] 48 crowd):

When stocks were up pretty big on election day, the headline I saw was “Stocks cheer likely Obama victory.” 

Midway though the day Wed as things had turned modestly negative, it was “Stocks taking profits on Obama’s win,” putting a positive connotation (“profits”) on negative news.  Then things closed much worse, but Obama disappeared from the headlines. 

And today it is “Dow tumbles 450 as economic woes mount.” 

These people have no shame.

Most Popular


Romney Is a Misfit for America

Mitt’s back. The former governor of Massachusetts and occasional native son of Michigan has a new persona: Mr. Utah. He’s going to bring Utah conservatism to the whole Republican party and to the country at large. Wholesome, efficient, industrious, faithful. “Utah has a lot to teach the politicians in ... Read More

Fire the FBI Chief

American government is supposed to look and sound like George Washington. What it actually looks and sounds like is Henry Hill from Goodfellas: bad suit, hand out, intoning the eternal mantra: “F*** you, pay me.” American government mostly works by interposition, standing between us, the free people at ... Read More
Film & TV

Black Panther’s Circle of Hype

The Marvel Cinematic Universe (MCU) first infantilizes its audience, then banalizes it, and, finally, controls it through marketing. This commercial strategy, geared toward adolescents of all ages, resembles the Democratic party’s political manipulation of black Americans, targeting that audience through its ... Read More