Post Election Stock Market Worst Ever!
It is official....the three day stock market action following election of Obama was a doozy.Reuters.com has details.
The only significant NASDAQ challenge to these numbers was following the Bush-Gore election with things still undecided. Even then the DOW was less than half the fall this week.
Of course, it can be traced in part to the economy generally, and some business news during the three days. However, it seems unchallenged that at least a good portion of the loss was due a public less-than-enchanted over Obama's business experience and acumen!
Duke
NOTE: Cross-posted at my new blog & Then We Elected Obama.
posted by Duke of DeLand @ 11/08/2008 11:42:00 AM
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