Notice how with the drop in gas prices below $100/barrel the stock market tanks?

[nanabugg]

Doesn't that really tell you something about the 1%????

When main street is being helped, Wall Street sinks......

[MadHound]

1. The reason for the drop in the market lies more in last week's unemployment report,

And more importantly this week's election results in Europe.

[zbdent]

3. traditionally, bad employment news

makes for good stock market days ...

[elleng]

5. Don't think so.

[zbdent]

8. must have slept through all those days when the unemployment figures came out

in the bad (for employees, or formerly employed) news, and the stock market rose.

[elleng]

9. Guess so.

[sendero]

2. I could be wrong.

... but I think the stock market is falling for the same reason as oil is falling and it has to do with a lot of factors including lackluster stats on our economy and employment and fear over Europe which really seems to be entering an acute phase.

[elleng]

4. No. Nothing.

[cherokeeprogressive]

6. Nnnnnnope.

[derby378]

7. Gasoline is still at blasphemously high prices...

...so how exactly is Main Street benefiting from this?

Wake me when gas drops below $3 a gallon - then I might start paying attention.

[rurallib]

11. the price of oil seems to have little correlation to the price of gas anymore.

[doc03]

10. I think the situation in Europe tanked both n/t