SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
FJB
To: FJB who wrote (740326)9/18/2013 3:12:04 PM
From: joseffy1 Recommendation   of 1576243
 
Stock market declares ‘game over’ on gun control
..................................................................................................
MarketWatch.com ^ | 9/18/13 | Brett Arends


Big time. Totally. Game over.

Look no further than the reaction on Wall Street this week to the latest gun rampage, at the Navy Yard in Washington, D.C.

Once upon a time, news of a killing spree would have sent the stocks of major gun manufacturers into a tailspin, as investors fretted that an outraged public would at last demand new gun-control laws.

As recently as last December, in the wake of the massacre at Sandy Hook Elementary School, in Connecticut, shares in gun makers Sturm, Ruger & Co. and Smith & Wesson Holding Co. both crashed.

But this week?

The stocks barely wobbled. By the following morning they were actually higher than they had been before the killings. By Tuesday night Sturm, Ruger had hit a new, all-time high.

(Excerpt) Read more at marketwatch.com ...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext