Political Finger Pointing Impact on Wall Street

ISBN-13: 9781480278028 / Angielski / Miękka / 2012 / 274 str.

Jon Schiller

Opis

The political finger pointing in Washington DC is becoming more vicious and is causing wide daily movements on Wall Street. Perhaps such finger pointing has always existed, but with the instantaneous news stories on the Internet of such political behaviour in Washington it has become easier to observe. Being an Options Trader using the CBOE (Chicago Board of Exchange), I find this finger pointing is affecting the Wall Street Stock Markets. It appears that Congress is unable to get anything done, such as logical ways to reduce the huge national deficits and rational ways to fund the health care needed by all citizens. The lack of confidence in the US Government is causing the US markets to be unstable with large daily jumps and drops of the Wall Street markets. And since the Wall Street markets impact the European and Asian Markets, it affects the Global Economy. This book attempts to document the effects of the lack of confidence in the US Government on Global markets with emphasis on the major Indices of Wall Street.