Do You See What I See?

Peter A. McKay reflected on a pattern today which I noted yesterday and on Nov. 8th:

The Dow suffered a drop of about 60 points as Mr. Obama was speaking -- a pattern that has emerged following his other post-election press conferences. But as has been the case in every full day of trading that has included remarks from him, the Dow on Tuesday eventually returned to and exceeded its level prior to his comments by the time the closing bell rang.

Mr. Obama gave a second press conference in as many days, this time naming Peter Orszag as his budget director nominee. Yesterday, he announced his choices for Treasury secretary, as well as the heads of National Economic Council and Council of Economic Advisers.