The day Obama got elected the Dow was at 9625.
Today, the Dow is at 8000.
Since Obama was elected President, the Dow has lost 1625 points, or roughly 17%.
It's good to keep in mind the faith the market places on economic policy proposals.
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1 comment:
Of course, the DOW went from 13000 down to 9000 under GWB, a much greater percentage drop.
It's good to keep what in mind again?
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