Tonight is the
State of the Union Address and it should be a rather intriguing one. Election
year for a president running for his second term always tends to be more of a
political gambit and publicity than anything. And naturally any information,
good or bad, that comes out of it will tend to rather cause some aftershocks
right on the Stock Market. And the market today took another slight dip.
Stock
Market Report 1/24/12: State of the Union 2012
Europe is failing which cannot
help in many countries, with Greece being the prime offending. Most people don’t
even bat that much of an eyelash of the economic woes anymore. I guess after
the past several years, there is only so much of a fall that you can take
before you just hang on for the ride and see where it really does take you.
Tonight will be one to watch. As
Barack Obama gives the State of the Union Address, no doubt his hopes
personally for a second term will hinge with what the State of the Union and
there may be news that defines the shape of this country for the months to
come, with an economic standpoint.
“Fairness” is reported to be the
theme, the underlying factor. Obviously that can be a lot of debate about that
word, and how fair the economy has been to the average American scraping by,
the average investor who was not lucky to get on, on the ground floor and get
off before things started falling apart.
Tonight Obama addresses an entire
nation but the world will be watching. And the 2012 Presidential Election will
be one to watch but will the American people be the ones trapped? The stocks tomorrow
may tell the story.
Dow Jones: 12,675.75(-33.07)
NASDAQ: 2,786.64(+2.47)
S and P 500: 1,314.63(-1.37)
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