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Political Discussion
Reply to "Sequester hits the Dow"
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[quote=takoma][quote=Anonymous]The stock market has nothing to do with the health of the country/economy. The vast majority of the trades are done by computers looking for short term gains(that can be measured in factions of second). [/quote] But when you a looking at a situation as momentous as the Sequester, and hours between the time that it became clear there would be no rescue and the close of the market, the people controlling those programs had plenty of time to intervene. However, I do nt disagree that those people might see gain for the stocks even though joblessness will increase and other aspects of the economic situation will deteriorate.[/quote]
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