Usually when a new president (even one as lame as Jimmy Carter or Barack Hussein Obama) are elected, the stock market climbs.
In the week since B. Hussein Obama was elected, the market has lost a staggering 16% of its equity. It's down again today at 11am Eastern. There has been no discernible profit taking. I find it depressing. Maybe the day will end "flat" without another loss to the index.
3 comments:
It's hard to be an optimistic investor when the president elect has you (your money) in his bulls-eye.
Barak has stock
His money's in his sock
Famed Wordsmith of the South
why havent you blogged about me having a baby but you did about amanda! im sensing favoritism!!
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