Quote:
Originally Posted by Coffee Warlord
A decision this key to the markets is obviously going to cause some serious action in said markets. Investors have been staring at screens and the news all day waiting for that exact moment to make a move. You can't judge the repercussions of NOT passing this bailout by looking at 10 minutes of market action.
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You're right, this decision is going to cause great effect to the markets. We're down more than 700 now again, the VIX is spiking to levels the market hasn't seen in years. This doesn't seem to be some kind of temporary bump in the road and its not just taking down the financials - everyone's going down with it. These are real companies with real employees who could end up losing their jobs - its much more than some traders/investors/speculators making or losing money "playing the market".