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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: FJB who wrote (740326)9/18/2013 3:12:04 PM
From: joseffy1 Recommendation

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FJB

  Respond to of 1575947
 
Stock market declares ‘game over’ on gun control
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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 ...