Is the stock market stoned or was there a deal that was not announced. DJ futures is up?

[Mass]

[Mayberry Machiavelli]

1. The assumption is that failure of GOP House Bill yesterday means Boehner will floor Senate bill

today, take his lumps, and it gets passed by mostly Dems and enough Repubs.

As was probably his plan all along.

[Mass]

3. It would mean that a deal is announced and Ted Cruz does not try to filibuster

A lot of assumptions.

[Turbineguy]

2. The wheels on the bus go round and round

and it appears the tea party is under it.

[lostincalifornia]

4. They are confident that the speaker will bring the Senate bill to the house for a full vote and that

it will pass. The problem is will cruz delay the Senate bill?

[GeorgeGist]

5. Insider trading.

[Buns_of_Fire]

6. The market has probably discounted this stuff for a while now. nt

[beachbum bob]

7. support is gone even

Wallstreet journal all over gop this morning. Boehner has no choice. Hopefully durations are sufficient for rational discussions as we have financial issues to be resolved.

[Laelth]

8. People have a lot of faith in good government.

They take it for granted that the money-bags on Wall Street can continue to control their beast, the Republican Party. Problem is, the beast is showing some independence, and the old-school Republicans may not be able to control it now. They have no clue what to do (the money bags), but they still have tremendous faith in the system (even if they bemoan it).

-Laelth

[octoberlib]

9. Maybe it's in reaction to this

Major Garrett ?@MajorCBS 16m
NEWS: @nancycordes and I are told Boehner will put Senate CR/DL deal on floor, pass w/R&D votes, one Senate cloture vote, passage & to POTUS

I'm not holding my breath.

[florida08]

10. they went with the odds

Since we've never defaulted before is my guess