Friday, December 18, 2015

THE POTUS BHO ECONOMY–CALLED SMOKE AND MIRRORS–MAY HAVE FINALLY COME TO ROAST THE AMERICAN PEOPLE–AS LACK OF GOOD PAYING JOBS THE LAST 7 YEARS IN OFFICE AND THE DEMOCRATS DANCE AND SING THEIR PRAISES FOR PASSING A PORK LAIDEN BUDGET OF $1.8 TRILLION AS THE BYE BYE BIRDIE HARRY REID (D-NV) DANCES WITH WOLVES DOWN THE AISLE OF CONTENT IN WASHINGTON DC–AS YOU THE AMERICAN PEOPLE GET FED THE SHOVEL AFTER SHOVEL OF PROPAGANDA–THAT ALL IS WELL–THIS BLACK FRIDAY DOW TANKS 370 POINTS AFTER CONGRESS PASSES THE BUDGET AS OIL SLIDES DOWN FURTHER TO THE LIKES OF THE POTUS BHO CHAOS AS NATURAL EARTH EXPLORATION’S FUTURE GETS SHELVED FOR NOW

U.S. stocks closed sharply lower Friday as investors weighed low oil and economic data in the aftermath of the Federal Reserve's rate hike Wednesday. Options expiration also contributed to volatility.
With Friday's late afternoon decline in stocks, the major U.S. averages wiped out gains for the week. Trade volume Friday was the second-highest of the year.
"In the context of the Fed we've removed some uncertainty. There's still some uncertainty about earnings going forward and you're experiencing that with some volatility in market pricing," said Timothy Hopper, chief economist at TIAA-CREF.
The Dow Jones industrial average had its worst day since Sept. 1, closing nearly 370 points lower as selling accelerated into the close. Nearly all constituents declined, with Boeing and Goldman Sachs contributing the most to losses. Disney turned lower to end the day off nearly 4 percent after BTIG downgraded the stock to "sell" from "neutral."

http://www.cnbc.com/2015/12/18/us-markets.html

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