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How will the Market React when the vote is taken?

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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 09:22 AM
Original message
Poll question: How will the Market React when the vote is taken?
The bailout vote in the House will take place this afternoon. How do you think the market will react?
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RUMMYisFROSTED Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 09:56 AM
Response to Original message
1. Initially or long term(6-12 months)?
Edited on Mon Sep-29-08 10:02 AM by RUMMYisFROSTED
ETA:

I'll take it that you mean initially. Bailout will pass and the market will rise.

Then in a few weeks we'll be back to square one, only with half a trillion in debt on the books.
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 10:04 AM
Response to Reply #1
3. The rest of today ...
Edited on Mon Sep-29-08 10:04 AM by ThomWV
And then we get to see the same thing again tomorrow when the Senate follows suite.
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johnaries Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 10:02 AM
Response to Original message
2. the market will rise immedidately, just on the news. BUT
there are still deep problems that will have to be dealt with or it will eventually collapse. We have to recognize the unregulated Trickle-Down Supply Side trash as the garbage it is and return to perculate-up Keynesian economics with consumer protections.
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Waiting For Everyman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 10:07 AM
Response to Original message
4. It'll pass, and the banks won't lend.
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pnutbutr Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 10:11 AM
Response to Original message
5. Not hard to figure out
If the bill passes the market will jump.
If it doesn't pass the market will drop.
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 11:33 AM
Response to Original message
6. We will know with certainty in just a few minutes
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leftofthedial Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 11:36 AM
Response to Original message
7. very short-term rise, or at least stability
but within a week or two, the inevitable move toward collapse will resume.

this system is vast and is built on nothing. nothing. reality bites.
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