Stock market speculation?

[Devanmc]

Originally Posted by Apoco

Don't feel TOO smart - I'm not an economist and I've only had my Finance & Accounting degrees for a year

Looking back to yesterday - the Dow had it's best day of the year. So what do I know.

We have a better chance of a deal coming through as more people become concerned. The increasing pressure on politicians to not be seen as the one that is standing in the way they become more likely to bend. Their minds are on the next election and are very cognizant of how people see them. This could all be a moot point in the coming days as talks continue and deals are reached. The WSJ has an article on Obama's backing of the latest bargain plan - his influence may swing the acceptance of this deal from "snowballs chance in hell" to "likely".

TL;DR version - some big things have happened in the last 24 hours. Check back tomorrow.
Posted via Mobile Device

yeah im reading that article right now. its on the front page of todays paper.