Thursday, January 31, 2013

"Fiscal cliff" deal lifts stocks, but problems lurk | Reduction

"Fiscal cliff" deal lifts stocks, but problems lurk

The Economics of Wall Street
The Economics of Wall Street by Tony Fischer Photography
License (according to Flickr): Attribution License
Excerpt:

NEW YORK The "fiscal cliff" compromise, for all its chaos, controversy and unresolved questions, was enough to send the stock market shooting higher Wednesday, the first trading day of the new year. All the major U.S. stock indexes swelled by at least 2 percent in early trading before trimming some of those gains. The Dow Jones industrial average briefly surged to its biggest gain in six months. Stocks around the world also leapt higher. The major indexes in Britain, France and Germany rose more than 2 percent. Markets in Greece and Spain were up more than 3 percent. Stocks in Asia also zoomed higher. In the U.S., the rally was extraordinarily broad. For every stock that fell on the New York Stock Exchange, roughly 10 rose. The Dow briefly surged as much as 273 points in early trading. At noon, it was up 229 points, or 1.

People:

Avis rose

Overall Sentiment: 0

Relevance: 0.396184

Mark Lehmann

Overall Sentiment: -0.491515

Relevance: 0.389799

SentimentQuote
-0.20857"Most people think that no deal would have been worse than a bad deal," said Mark Lehmann, ...
0"There's definitely another drama coming down the road," said Lehmann.
0"There's definitely another drama coming down the road," said Lehmann. "That's the March cliff."
Sentiment Stats:
  • Number of Quotes: 3
  • Aggregate Sentiment: -0.20857
  • Mean: -0.069523333333333
  • Standard Deviation: 1.4142135623731

Avis

Overall Sentiment: 0.169125

Relevance: 0.349775

Barack Obama

Overall Sentiment: 0.0721828

Relevance: 0.317096

Disambiguation: Politician | President | Appointer | AwardWinner | Celebrity | PoliticalAppointer | U.S.Congressperson | USPresident | TVActorReferences:

Key:

  • Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
  • The Mean is meant to be an indicator of an individual's average comment sentiment.
  • The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).

Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.

Additional Info:

Country: U.S.

Overall Sentiment: 0

Relevance: 0.824131

Disambiguation: Location | Region | AdministrativeDivision | GovernmentalJurisdiction | FilmEditorReferences:

Country: Cyprus

Overall Sentiment: -0.207564

Relevance: 0.322428

Country: Greece

Overall Sentiment: 0

Relevance: 0.314677

Disambiguation: Location | GovernmentalJurisdiction | WineRegionReferences:

Country: Britain

Overall Sentiment: 0.0120329

Relevance: 0.309829

Country: Germany

Overall Sentiment: 0

Relevance: 0.30701

City: NEW YORK

Overall Sentiment: -0.0552235

Relevance: 0.388574

Disambiguation: PoliticalDistrict | GovernmentalJurisdiction | PlaceWithNeighborhoods | WineRegion | FilmScreeningVenueReferences:

Continent: Asia

Overall Sentiment: 0.0427325

Relevance: 0.342887

Disambiguation: Location | FieldOfStudyReferences:

FinancialMarketIndex: Dow Jones industrial average

Overall Sentiment: 0.0855062

Relevance: 0.472433

FinancialMarketIndex: New York Stock Exchange

Overall Sentiment: -0.295109

Relevance: 0.383885

FinancialMarketIndex: Standard & Poor

Overall Sentiment: 0

Relevance: 0.328389

FinancialMarketIndex: Nasdaq

Overall Sentiment: 0

Relevance: 0.30024

Company: Zipcar

Overall Sentiment: 0

Relevance: 0.379529

Company: Standard & Poor

Overall Sentiment: 0.0654804

Relevance: 0.323734

Organization: U.S. government

Overall Sentiment: 0

Relevance: 0.369898

Organization: Senate

Overall Sentiment: 0.193806

Relevance: 0.315364

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