Stocks Slump On Boehner's "No Substantive Progress" Reality Check

Tyler Durden's picture

We are stunned... S&P 500 futures traded 1415 when Boehner began speaking. By the end of his first paragraph we had dropped 8 points and gone red for the day...and further...

  • *BOEHNER SAYS `THE WHITE HOUSE HAS TO GET SERIOUS'
  • *BOEHNER SAYS DEMOCRATS `COMFORTABLE' GOING OVER FISCAL CLIFF
  • *BOEHNER SAYS `NO SUBSTANTIVE PROGRESS' MADE IN TALKS
  • *BOEHNER SAYS DEMOCRATS RULING OUT `SENSIBLE SPENDING CUTS'
  • *BOEHNER SAYS DOESN'T KNOW WHAT WHITE HOUSE WILLING TO DO

It seems the algos are not amused...

 

 

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