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Why Stocks Love Scott Walker

D216 Wrote: Jun 07, 2012 10:58 AM
Had this discussion with my wife yesterday.... Walkers victory is a black eye for Obama..... the "news media" will protect Obama with all the ink they have..... it HAD to be the European economy driving our markets - after all - what LEFT minded fool cares about balenced budgets, lower taxes, higher employment & a growing economy. You can still believe most of what you see, but damn little of what you hear.
You didn’t see it in the mainstream financial media Wednesday morning. But stocks loved Governor Scott Walker’s spanking of public-sector unions and Democrats in Wisconsin. The Dow jumped about 165 points right at the opening on Wednesday, and was up over 200 points later in the day. There really was no other news. There was some speculation about central bank stimulus in Europe and the United States. Blah, blah, blah. But there was nothing specific or concrete.
 
So it’s an easy point to make: Markets love the Scott Walker landslide.
 
Tuesday night on The Kudlow Report, two...
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