Quote:
Originally Posted by Happy Monkey
I may have underestimated how much a president can effect the numbers on their own.
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I guess his teleprompter reading skills last night didn't comfort the markets.
On the one hand, I'm pleased with him that he is finally taking notice, and clearly sought some help in writing a speech and coming up with some policy. Good for him.
On the other hand, my wife, who is teaching second graders pointed out that some of her students are better at reading out loud than he was last night. He clearly prefers to speak without a script where he can just ramble.
Cruise line stocks fell sharply this morning and I think this will be a longer term problem for them. Images of trapped passengers on sick ships are going to be hard to forget. Some airlines fell 12% or more this morning, and they will absolutely bounce back. It's a good time to buy airline stocks, assuming you can swoop in before others get the same idea.