This isnt Obama’s market. He is not President.
When he takes office, if it comes back they will say it was all his doing. And the rise will be a greater percentage gain than the loss. (If that makes sense.) He is being set up to be a hero.
You're all reading this wrong.
This market is not going to be healed by Obama. We are heading into a deflationary depression.
And if governments don't stop following Keynesian economic principles then we have a good chance at seeing a hyper-inflationary period after we exit the depression many years from now.
I think you’re wrong. The people with some modicum of control over their stock marketish assets are voting with their feet. This isn’t a symptom of manipulation of liberal forces. It is a symptom of a deserted market (by the common Obama-peril sage - the ones with brains) but by those who remain still trying to make a buck. Actions by these people are magnified because of the lack of trading by the others who deserted.
The President has nothing to do with the market. The prospect of the newly elected President with all the trash he was spouting has. Socialism is the destruction of capitalism. Our financial system was built on capitalism not the Obama share the wealth without earning it is pure socialism and will destroy America. See the difference?