Thursday, September 25, 2008

Friday

UPDATE: the stock market is holding steady. I officially have no idea what is going on.

ORIGINAL POST: Tomorrow is shaping up to be one hell of a day.

There is little doubt that the stock market will tank. How much? And will it be enough to shock Republicans and the angry grassroots into supporting this bailout? Will McCain continue to make noises that he is abandoning the bailout? Or, having raised the possibility of doing so, will he swoop back in as the hero, use the market crash to rally republicans to the deal?

The timing of this is interesting. Tomorrow being Friday, the markets will have one trading session to demonstrate the need for a bailout before the weekend comes. And then a rest with time for congress to work out the details before the markets open on Monday again.

And to top it all off, we will have a debate/townhall/Obama infomercial tomorrow night.

Skip work and grap the popcorn!

1 comment:

Carl Lindquist said...

Caretaker,

Never try to guess what the Stock Market will do. You will always be severely disappointed.

The Chronicler