Boehner Arouses Market As Reid Beatdown Forgotten
November 28, 2012 - 10:50am
Just 12 days ago (before the cone of silence began), we saw the beginning of the Boehner bounce as the speaker spaketh and the market obeyeth. Headline-chasing algos know only one thing it appears, when Democrats speak, sell; when Republicans speak, buy... oh how we love these efficient markets... It seems someone somewhere was desperate to see a Green day... and as we pointed out two weeks ago (before the cone of silence)... Charts: Bloomberg
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