Skip to comments.Stocks Skid 2%; Dow Dives 300, S&P Below 1400
Posted on 11/07/2012 8:37:31 AM PST by madison10
Stocks took a sharp nosedive across the board Wednesday in the wake of President Barack Obama's re-election, triggered by worries over the looming "fiscal cliff" and as fears over Europe's economy reemerged.
The Dow fell below 13,000, while the S&P 500 traded under 1,400 for the first time since early September...
(Excerpt) Read more at cnbc.com ...
Not to be nasty...well, yes, to be nasty. Zero2Neros:See what happens when you vote for a guy who doesn’t have a clue?
James River Coal down 24%
Hope you coal people in Ohio and PA are happy...those of you who stayed home or voted for zero.
Remember the infamous phrase.... “do not let a crises go to waste.”
Obama built this
Good. Let it crash.
After We Win This Election, Its Our Turn. Payback Time. Everyone not with us is against us and they better be ready because we dont forget. The ones who helped us will be rewarded, the ones who opposed us will get what they deserve. There is going to be hell to pay. Congress wont be a problem for us this time.
Yeah, the market reacts for a day. Tomorrow it’s back up.
Obviously I don’t understand the market, but it seldom seems to react as it “should”.
I’m sure obamas on it. If I didn’t have money in it I would say let it crash.
Obamacare stocks rally
Wait till the Obozo voters see their 401Ks today. Pardon me while I engage in some schadenfreude.
The quotes below were @ 8:41 PST:
And Treasury yields dropped giving the gov’t reason to borrow MORE.
Down we go. Glad I sold at the start of October.
More voters in the swing states of Florida, New Hampshire, Ohio and Virginia blame George W. Bush than Barack Obama for the state of the U.S. economy.
According to early exit polls in Florida, 53% of today’s voters say Bush is more to blame for the country’s current economic problems while 41% say Obama.
In New Hampshire, exit polls show 54% blame Bush while 41% blame Obama.
There’s less of a gap in Ohio and Virginia. In both states, 50% of today’s voters say Bush is more to blame for the country’s current economic problems. In Ohio, 41% say Obama is more to blame and in Virginia 45% say Obama.
Drudge Headline right now - OWN IT