Tuesday, January 20, 2009

How Did The Market React?

Surely the financial geniuses that live and breathe in the financial markets responded positively to the Obamessiah's coronation today, right? Uh...not so much:
Nice job, Barack.
The president's socialist rant sunk the stock market today:

At this rate we'll be into 7,000 point territory by closing.
Super.

It's been nothing but a disaster since he took over.

UPDATE: Yep. Market drops below 8,000.

Worst. Prez. Ever.

UPDATE 2: Worst stock market performance since 1963:

US stocks were on course on Tuesday for their worst inauguration day performance since the assassination of John F Kennedy, led by more heavy losses among banks.
Actually it was the worst inaugural day since 1933.
Oops. Looks like we hired the wrong guy to give us hope and change.

There's my two cents.

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