CNNMoney.com Market Report - Nov. 20, 2008
The Dow closed on election day at 9,625, today it closed at 7,552, 2,073 points or 22% lower. One thing very nice is that in listening to NPR, they are a lot less concerned now. Market drops prior to the election were all due to Bush, and the 300 point rise on election day was due to BO, but now I guess it is "unimportant". I suppose it is just another sign that evil market economy is a thing of the past and in the age of BO, who needs markets? BO will just wave the magic government wand and we will see jobs created, incomes rise and tax dollars stream in with nary a deficit in sight.
Ah yes, happy days are here again!
The Dow closed on election day at 9,625, today it closed at 7,552, 2,073 points or 22% lower. One thing very nice is that in listening to NPR, they are a lot less concerned now. Market drops prior to the election were all due to Bush, and the 300 point rise on election day was due to BO, but now I guess it is "unimportant". I suppose it is just another sign that evil market economy is a thing of the past and in the age of BO, who needs markets? BO will just wave the magic government wand and we will see jobs created, incomes rise and tax dollars stream in with nary a deficit in sight.
Ah yes, happy days are here again!
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