Every stock dude I heard said it would go up BECAUSE there was a “change” in administration. Yeh...right....
It did go up on election day. I don't think anybody was anticipating a McCain win, either. I think it was, you know, "Yay! Change!". Then the next day, "Oh, wait ..." Maybe it was his speech.
The contrast in the extreme bias of this “journalist”, and actual financial experts is simply stunning.
The market is showing that even the possibility of a socialist Amerika is bad for business, across the globe.