The Corner

Market Debate Jitters?

An e-mail: “OK, I’ll say it…I believe today’s massive decline was, in part (and maybe a big “in part”), in fear that the debate tonight won’t go well for McCain and the implications that will have for an Obama victory. The likelihood of a recession has been talked about and, probably, factored in to a lot of folks’ thinking already…

…if tonight’s debate tracks well for McCain, you’ll see a positive response tomorrow; if it doesn’t, hold on; it won’t be pretty.

Call it: ‘Flight to Safety (from Socialism).’”

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