Word: elections
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Dates: during 2000-2009
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Uncertainty is the bane of Wall Street, and in America you don't get any more uncertain than an Election Day that was everything but. The markets can't start dreaming of gridlock in Washington until they actually get a president-elect, so the Commotion by the Ocean down in Florida has laid a bit of a bad trip on traders and investors used to watching politics out of the corner of their eyes...
...NASDAQ falls through and keeps on going, it'll likely be for its own reasons - and a deep, serious correction in the tech sector could be the foundation of a real rally. Except that it's hard to see a real rally taking root without a president-elect. If this drags on, and the markets finally run out of patience, both Al Gore and George W. Bush will deserve some responsibility...
...Cabinet musings, calling preparedness for office "the responsible course of action." "If the result is confirmed, he said, "we'll be ready." He said this as he sat for the cameras in Austin surrounded by the likes of "loyal friends" Lawrence Lindsey and Condy Rice. Update: The presumptive President-elect has a big Band-Aid on his jaw, and he looks a little tired and tense...
...announced it first. But we've already learned once tonight that announcing it first is not necessarily announcing it best. So let's leave it to CBS's Dan Rather, the guy who declared it second, but with a creative elocution befitting our new leader-elect...
...colleague Josh Tyrangiel just said, "This has now gotten better than O.J." We have now had, and lost, a president-elect. We have had reports of what had to have been the most uncomfortable phone call in American democracy, as Al Gore called to retract his concession, earlier phoned in to his opponent...