Has the revelation effected the publics faith in consumerism and undermined consumer confidence in the USA? I mean one of our most beautiful and famous females just killed her self leaving a greiving family behind and a nation in woe. Has thius offical decision tied into the stock market and it's present decline today?
What will be the long term effect of her death on the market will it cause a long term decline in the US market?
I had no idea anne had such an effect on the US economy, but I stand corrrected.
2007-03-26 04:59:46 · 5 answers · asked by Anonymous in Business & Finance ➔ Investing
Carl M I know the data is not related, I am trying to become a press writer.
Never confuse them with the facts.
2007-03-26 05:41:09 · update #1
Absolutely. I have checked the numbers over and over again, and I keep getting the same result: 100% of the days that include a release of Anna Nicole Smith's autopsy report also include a broad market decline. That is too high a correlation to be dismissed as mere coincidence. I think you have discovered a perfect market indicator. I know that I, for one, will take out a huge short position the next time that Anna Nicole Smith dies.
2007-03-26 06:13:31 · answer #1 · answered by BosCFA 5 · 2⤊ 0⤋
This is a STUPID question but your answer is a 100% NO EFFECT! What drove the market today was low housing numbers, Iran, worried inflation and Oil in THAT order.
next time look on yahoo finance they'll you what was going on in the market today.
A press writer for what? The Enquirer? Star? Please......I was a legit press writer and i'll tell you right now this fulff will NOT fly.
2007-03-26 14:41:18 · answer #2 · answered by Anonymous · 0⤊ 1⤋
In my opinion, stock market performance is unrelated to the death of Anne Nichole Smith.
The sub-prime mortgage market correction and related exposure of abuses is a much larger factor.
2007-03-26 05:17:09 · answer #3 · answered by Carl M 3 · 0⤊ 0⤋
No, the decline in the markets today are in response to very soft existing home sale in america for the previous month.
2007-03-26 06:59:28 · answer #4 · answered by dmoney 2 · 0⤊ 0⤋
i think no..
2007-03-26 05:25:45 · answer #5 · answered by preethi r 1 · 0⤊ 1⤋