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Downward: Stocks Crash After Obama Win…

by on November 7, 2012
The Dow Jones Industrial Average lost nearly 250 points in the first hour of trading on Wednesday morning, the day after President Barack Obama won re-election to a second term in office. News of poor economic forecasts in Europe also drove the steep decline; the European Union is now predicting that it will slide into recession. European markets had actually greeted the Obama win with a brief rise, before economic reality set in.
http://www.breitbart.com/Big-Government/2012/11/07/Forward-Downward-Stocks-Crash-After-Obama-Win

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One Comment
  1. Unknown's avatar
    Anonymous permalink

    What most people do not understand is that to whatever extent there was the beginning of a legitimate recovery, it was being fueled by people & businesses optimistic about new management. I fear we may be headed for a major relapse.

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