Today’s White House press briefing and the press’ message to Jay Carney and the rest of the Obama Administration: 

There are lots of scandals to cover-up and the long-term jitters it might create for the market is difficult to tell. One thing is certain and that is the market HATES uncertainty and if any of these scandals that are unfolding (Benghazi coverup, IRS audit targeting of conservative groups, and AP phone records scandal) puts this administration’s longevity in doubt, you can rest assure the market will most certainly react in a major way.