And the US markets welcome Obama.

[Denithor]

Nuff said.

----------------------------
Agreed

Nuff said

Senior Anandtech Moderator
Common Courtesy

 

[SagaLore]

Originally posted by: Denithor
Nuff said.

Awesome. So this thread can be locked now?

 

[jackschmittusa]

Not much commentary OP.

I guess you don't pay much attention to the financial news if you put this on the election.

 

[OFFascist]

Dont worry once Barry officially assumes power and the Democrat Congress returns next year they will make sure to pass laws to ensure that these greedy shelfish shareholders cant harm the economy again by taking their money out. :roll:

 

[sandorski]

Markets are past "welcoming Obama". They got more important things to worry about, like bad Employment Reports, GDP Growth, and other such details.

 

[PingSpike]

Its true, the markets were doing totally awesome before he became president elect.

 

[fskimospy]

So what were the markets doing when they fell more than 1200 points in a single week? Were they saying goodbye to Bush?

Anyone who is trying to tie one day fluctuations in the stock market to an election choice is a total moron.

 

[yowolabi]

Originally posted by: eskimospy
So what were the markets doing when they fell more than 1200 points in a single week? Were they saying goodbye to Bush?

Anyone who is trying to tie one day fluctuations in the stock market to an election choice is a total moron.

The OP doesn't have a point, so he won't be back to defend it. You can't use logic to defeat someone who doesn't have a logical point.

 

[OCGuy]

Bush did it.

 

[SSSnail]

Orly? You call taking a dive welcome? Gotcha!

 

[mshan]

Economy apparently just fell off a cliff at the beginning of September and I think a lot of data confirming that fact is showing up in the market recently.

Markets had apparently discounted a fairly deep recession, but even recently you can hear people talk about the economic trough occuring at the middle of next year (6 months), which now is getting pushed out closer to a year.

Warren Buffet previously projected possible mild 2 year recession with peak unemployment at 7% and worst case scenario of 5 year recession with unemployment peaking at 9% (these comments were made when lots of market talking heads were only talking about 6 months of recession).